The Hallway Track
CEO Messaging Shifts

Crusoe CEO Chase Lochmiller: Turning Stranded Energy Into Intelligence

Sequoia Capital · Oct 29, 2026 · CEO Messaging Shifts

Crusoe CEO Chase Lochmiller describes $31B vertically integrated AI infrastructure company built on stranded energy

“Our business is complex because it is vertically integrated and encompasses a huge range of different work processes. Everything from power generation and grid connection, building power plants... to building and operating a managed AI cloud platform.”

Crusoe CEO Chase Lochmiller outlines the company's vertically integrated model spanning power generation through managed AI cloud, following a $31B valuation close. The interview highlights the operational complexity of scaling AI factories from very small to very large. While notable as an AI infrastructure story, this is a founder profile piece with limited new technical or policy signal.

AI infrastructure data centers energy vertical integration AI cloud valuation

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