Amazon Bought a 20 Year Price Hedge at Calvert Cliffs, Not a Nuclear Plant
A 20 year nuclear power purchase agreement at Calvert Cliffs buys a price hedge on the shared grid, not a private line to the plant.
A GPU’s Useful Life Is Now a Financing Term That Sets the Cost of AI Compute
The fight over GPU residual value, three years or ten, now sets the cost of capital on every AI cluster, borrowed or not.
The Path That Feeds the GPU Is the New AI Bottleneck
NetApp Novus is new AI factory storage built to feed each GPU 2 GB/s, a 100 TB/s target for the data path that otherwise starves AI compute.
Broadcom Lends Anthropic $42 Billion to Lease Its Own Chips
The Broadcom Anthropic financing disclosed in the IPO prospectus lends up to $42 billion against a $125.2 billion TPU lease.
Japan’s Largest Power Producer Moved the Data Center Inside the Fence
JERA, Dell and RHAELM put a 400 MW AI data center behind the meter at a Japanese gas plant, trading a grid queue for a fuel chain and $15 billion.
In Orbit the Power Problem Goes Away and a Cooling Problem Arrives
Google's first orbital data center runs its chips for about 15 minutes at a time. In a vacuum heat only leaves by radiation, so the radiator sets capacity.
The AI Buildout’s Real Number Is 180 Gigawatts, Not 420
Legrand models 180 GW of installed data center power by 2030 against 420 GW announced. Powered landlords are repricing leases above 60 percent.
Vultr’s $1.2 Billion Bet Is Ethernet Inside the GPU Rack, Not NVLink
HPE booked its first AMD Helios AI rack order, $1.2 billion from Vultr. Six Juniper switches inside each rack put Ethernet into the GPU scale-up domain.
AMD Bought the Lab That Tells It What to Build Next
AMD is buying World Labs for $8.2 billion to steer its chip roadmap, but the software gap with CUDA is still the real problem.
Vera Rubin NVL72 Reached Production, and the Benchmark Moved to the Rack
CoreWeave put NVIDIA Vera Rubin NVL72 into production with Cognition, and the number that now matters is tokens per megawatt.