Crusoe to deploy AI cloud in Paraguay powered by the Itaipu dam (www.crusoe.ai)

Crusoe has announced a groundbreaking partnership with Paraguayan developer Araico to establish high-performance AI cloud infrastructure powered by the Itaipú Hydroelectric Dam, one of the world's largest renewable energy sources. Set to launch in mid-2027, the initial deployment will feature 106 MW of IT capacity, with potential expansion up to 280 MW. This initiative is notable not just for its scale but also for its commitment to sustainability, aligning with Crusoe's energy-first strategy to build AI infrastructure at abundant energy sites globally. The significance of this project extends beyond technology; it promises to transform Paraguay into a regional leader in AI, fostering job creation and innovation. Paraguayan President Santiago Peña emphasized the partnership's potential to unlock value from natural resources, while U.S. officials highlighted its capability to boost economic growth through American expertise and investment. As Crusoe complements Araico's local development expertise with its AI cloud operations, this collaboration aims to harness Paraguay’s abundant renewable energy to drive substantial advancements in digital infrastructure within Latin America and beyond.