One big thing:
Utah’s leading venture capital firm, Pelion Ventures, has made a substantial investment in Creekstone Energy’s Giga Site—the massive data center project under construction in Delta, Utah. Once complete, the site is expected to become the largest data center campus in the world for artificial intelligence.
Why it matters:
AI runs on energy—and access to power is fast becoming the choke point in the global AI race. The Giga Site aims to change that.
“We’ve got ten gigawatts or more of power that we’re able to develop and bring to Utah and then allow that to be a foundation for building the next generation of artificial intelligence,” said Ray Conley.
Pelion’s bet:
Best known for backing Utah’s top software companies, Pelion sees this investment as a strategic expansion into the physical backbone of the AI economy.
“We’ve always loved infrastructure software,” said Chris Cooper.
“I don’t think a few years ago we would have ever imagined that we would have an opportunity to truly do that and to play in an area of the stack that we really haven’t before. So it’s a really exciting opportunity.”
Conley said Pelion’s involvement brings “a deep set of expertise across the stack in technology” and “a portfolio of other complementary companies that they’re able to help us do business with and advance our agenda.” He added that Pelion’s rigorous due diligence “goes a long way for helping us with all the other things we’re doing.”
Why Delta:
Creekstone Energy chose Millard County for its abundant energy availability, abundant fiber, and business-friendly environment. The project aligns closely with Governor Spencer Cox’s Project Gigawatt—Utah’s push to expand power generation for both population growth and AI demand.
“Governor Cox laid out his vision for Project Gigawatt a while back. And in some ways, we’ve dubbed our site the Giga Site in Delta to honor that,” Conley said. “If we don’t do this, it’s going to get done somewhere else, mostly overseas, in adversarial places where we don’t want to lose that advantage.”
The big picture:
Pelion’s investment signals that Utah’s venture ecosystem isn’t just funding the software that powers AI—it’s helping build the infrastructure that makes AI possible.
The bottom line:
With Pelion’s backing, Delta’s Giga Site isn’t just another data center project. It’s Utah’s entry point into the global AI energy race—and a bold move to keep America’s AI advantage powered at home.
