Crusoe and Araico Plan AI Cloud Deployment at Itaipú Dam in Paraguay

Crusoe and Araico announced a partnership to build AI compute infrastructure at Paraguay's Itaipú Hydroelectric Dam, aiming for 106 MW IT capacity by mid-2027, with plans to expand to 280 MW. This marks Crusoe's first AI Cloud deployment in Latin America, leveraging renewable hydroelectric power to serve U.S. and Latin American cloud customers.