AI infrastructure startup Crusoe has announced plans to purchase approximately $400 million worth of artificial intelligence chips from AMD, marking a major expansion of its compute capacity. The company intends to acquire around 13,000 units of AMD's new Instinct MI355X GPUs, which will be deployed in a U.S.-based data center and offered to customers for training AI models and running inference applications.

Crusoe CEO Chase Lochmiller shared the news on June 13, noting that the facility will feature advanced liquid cooling systems to optimize performance and efficiency. The move follows the company's newly announced partnership with AMD, aimed at delivering high-performance AI infrastructure-as-a-service through Crusoe's cloud platform.

The AMD Instinct MI355X is part of the recently launched MI350 series, unveiled during the company's “Advancing AI 2025” event. Built on AMD's latest CDNA 4 architecture, the MI355X chip features 12-layer HBM3E memory from Samsung and Micron and is designed to handle demanding AI workloads. AMD Chair and CEO Lisa Su stated that the MI355 offers a 35x performance improvement over the previous generation and outpaces comparable offerings from NVIDIA.

Su also forecast that the global AI chip market will soar to $500 billion by 2028, driven largely by surging demand for inference chips. “Since the debut of ChatGPT, we've seen an unprecedented acceleration in AI innovation,” she said. “That pace will only intensify through 2025 as new models and applications emerge.”

Crusoe said it plans to integrate the MI355X chips across its global network of data centers to meet growing customer demand for scalable, reliable AI infrastructure.

The deal underscores AMD's rising influence in the booming AI chip market and highlights how new players like Crusoe are investing heavily to compete in the next wave of AI compute services.