# Chase Lochmiller

> Chase Lochmiller is the co-founder, CEO and board chairman of Crusoe, an energy-first AI infrastructure company that grew from modular computers beside oilfield gas flares into a vertically integrated builder of data centers, power systems and cloud services. A former quantitative trader with degrees in mathematics, physics and computer science, he has made the physical limits of computing - electricity, cooling, construction and capital - the center of his strategy.

- **Role:** Co-founder, CEO and Chairman of the Board of Directors at Crusoe
- **Organizations:** Crusoe, Polychain Capital, Jump Trading, GETCO, Los Alamos National Laboratory
- **Education:** Bachelor's degrees in Mathematics and Physics, Massachusetts Institute of Technology, Master's degree in Computer Science, specializing in artificial intelligence, Stanford University
- **Known for:** Co-founded Crusoe in 2018 and led its evolution from digital flare mitigation and bitcoin mining to vertically integrated AI infrastructure., Summited Mount Everest in 2018 and has climbed five of the Seven Summits., Selected for the Aspen Institute's 2025 class of Henry Crown Fellows.

## Career timeline

- **2004-2007** — Studied mathematics and physics at MIT, played varsity soccer and conducted research at MIT and Los Alamos National Laboratory.
- **After MIT** — Entered quantitative finance, working at GETCO and later Jump Trading on algorithmic trading strategies.
- **2013-2016** — Completed a master's degree in computer science at Stanford with a focus on artificial intelligence.
- **2017-2018** — Served as a general partner and portfolio manager at Polychain Capital.
- **2018** — Co-founded Crusoe with his high-school friend Cully Cavness and summited Mount Everest.
- **2024** — Crusoe raised a $600 million Series D at a $2.8 billion valuation and announced major AI data center development in Abilene, Texas.
- **2025** — Crusoe sold its bitcoin mining operation to focus on vertically integrated AI infrastructure; Lochmiller was named a Henry Crown Fellow and to the TIME100 AI list.
- **2026** — Crusoe announced an initial close of a $3.9 billion Series F at a $30.9 billion post-money valuation, reporting more than 6 GW of gross contracted capacity and a workforce above 1,800.

## Achievements

- Co-founded Crusoe in 2018 and led its evolution from digital flare mitigation and bitcoin mining to vertically integrated AI infrastructure.
- Summited Mount Everest in 2018 and has climbed five of the Seven Summits.
- Selected for the Aspen Institute's 2025 class of Henry Crown Fellows.
- Named to the 2025 TIME100 AI list.
- Built Crusoe to more than 1,800 employees across five countries by September 2026, according to the company's Series F announcement.
- Led Crusoe through an announced $3.9 billion Series F initial close at a $30.9 billion post-money valuation in September 2026.

## Latest updates

- **2026-09** — Crusoe announced the initial closing of an anticipated $3.9 billion Series F at a $30.9 billion post-money valuation.
- **2026-09** — Crusoe reported more than 6 GW of gross contracted capacity, more than 1 GW operational and a workforce above 1,800 across five countries.
- **2026-09** — Crusoe announced a partnership with Thinking Machines Lab for open-model inference at scale.
- **2026-07** — In a Compute 100 interview, Lochmiller described a path for Crusoe to become a critical provider of energy-first AI infrastructure and discussed the ambition of building a trillion-dollar company.
- **2025-08** — TIME named Lochmiller to its 2025 TIME100 AI list for Crusoe's role in the first phase of the Stargate data center project.

## Links

- Website: https://www.crusoe.ai/about/leadership
- LinkedIn: https://www.linkedin.com/in/chase-lochmiller-604483341/
- Twitter/X: https://x.com/ChaseLochmiller

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Profile page: https://yespress.io/chase-lochmiller
Published by YesPress — https://yespress.io
Last updated: 2026-09-26