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

Crusoe on October 22, 2026 announced a strategic partnership with Paraguayan energy and infrastructure developer Araico to build high-performance AI compute infrastructure in Paraguay powered by the Itaipú Hydroelectric Dam, with an initial deployment planned online in mid-2027 and a stated path to 106 MW of IT capacity. The company said the initiative is its first dedicated AI Cloud deployment in Latin America. Crusoe said the facility will be located adjacent to the Itaipú substation and will…

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