The server farms company Anan, which is owned by the singer Omer Adam, Maor Malul and the investment professional Nessim Sariel-Gaon, signed a huge agreement with the artificial intelligence cloud infrastructure giant Crusoe (Crusoe Technologies). The deal, which reflects for Anan an estimated valuation of over one billion dollars, includes the establishment and operation of an advanced server farm at the company’s site in Afula. As part of the long-term agreement, which is expected to amount to hundreds of millions of dollars, Anan will provide AI HPC infrastructure with an initial capacity of 40 megawatts, with an option for significant expansion going forward.
Crusoe’s entry into the Israeli market is not a trivial matter. This is one of the fastest-growing and most innovative companies in the world in the field of AI infrastructure, serving end customers on the scale of OpenAI and Oracle. Only last October, Crusoe raised 1.4 billion dollars at a valuation of 10 billion dollars, and now it is choosing the venture of Adam and his partners as its strategic partner in Israel. The company’s activity in Israel is led by Alon Yariv, who joined Crusoe after selling it his activity in a deal that was estimated at about 200 million dollars.
On the ground in Afula, the works are already in full swing and at an accelerated pace of 24 hours a day, six days a week. The planned complex is expected to span tens of thousands of square meters and reach a total capacity of 100 megawatts, while using advanced cooling systems and high electrical redundancy. For Anan, which was established only four years ago, this is a leap into the big leagues. The company does not operate in the traditional model of real estate for servers, but focuses on building a heavy computing infrastructure platform tailored specifically to the needs of artificial intelligence.
The current move is taking place against the background of a severe global shortage of data center infrastructure and electricity availability, which makes the site in Afula a strategic asset at the international level. Alongside the deal with Crusoe, Anan is promoting the establishment of additional sites in Israel with a total scope of over 500 megawatts, and has signed additional agreements with global entities in the field. Despite the security and regional complexity, this cooperation signals that the leading technology companies in the world continue to see Israel as a central destination for the establishment of the most complex computing systems of the current era.