US AI Giant Crusoe to Invest $10B in Israeli Data Centers, Targeting 150 MW
American neocloud company Crusoe announced a $10 billion investment in Israeli data center capacity over the next 10 to 15 years, expanding its leases by 100 megawatts with the Anan Group, owned by singer Omer Adam alongside Maor Melul and Nessim-Sariel Gaon, and Zahi Nahmias's MegaDC. Crusoe Israel head Alon Yariv said the company will deploy at least 45,000 of Nvidia's newest Vera Rubin processors, anchored by a flagship 58 megawatt site at the Idan HaNegev Industrial Park near Rahat. Within two years Crusoe expects roughly 150 megawatts of Israeli capacity, overtaking Dutch-Israeli rival Nebius and making Israel one of its largest global markets. The announcement caps a string of mega-deals that have turned Israel into a top destination for AI infrastructure, validating the government's February designation of data centers as national infrastructure. Crusoe, which counts OpenAI and Oracle among its clients, is valued at $10 billion after raising $1.375 billion last October.