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September 2025 update from #PolarisForge1 ⚡ Building 1 (100 MW): Final commissioning underway — first 50 MW IT turnover in progress. 🏗️ Building 2 (150 MW): Underground MEP advancing as precast races to cover the footprint. Steady steps toward delivery. $APLD

14,765 просмотров • 9 месяцев назад •via X (Twitter)

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$IREN BELOW $100 is STEAL !!! ✅ Chamath recently said that building 1 GW of AI data center capacity today can cost around $100 billion. Whether the number ends up being $80B, $100B, or somewhere in between isn’t the main takeaway. The takeaway is this: Power-ready AI infrastructure has become one of the most valuable assets on the planet. Now look at what IREN already controls: Sweetwater, Texas — 2.0 GW Childress, Texas — 750 MW Oklahoma — 1.6 GW South Australia — 800 MW Spain (Nostrum) — 490 MW Prince George, Mackenzie & Canal Flats — Existing AI cloud infrastructure Total portfolio: 5.8 GW of secured power capacity. What excites me most is what should be energized by 2026: ⚡ Sweetwater Phase 1 (~1.4 GW) ⚡ Childress (750 MW) ⚡ Prince George & Mackenzie continuing to scale AI cloud operations That’s already ~2.1+ GW of energized AI infrastructure either operating or coming online. Using Chamath’s framework: 2 GW = ~$200 billion of replacement value Yet IREN trades around a $18-20 billion market cap Even if Chamath is off by 50%, you’re still looking at a valuation gap that is hard to ignore. The market is pricing IREN like a miner. The bull case is that it’s becoming a large-scale AI infrastructure platform. By math alone, if ~2 GW is energized and available for AI workloads by 2026, a $100B+ market cap doesn’t seem crazy. That would imply a stock price potentially in the $150-$250 range, based solely on the value of the energized AI infrastructure—not even giving full credit to the remaining 3.7+ GW in the portfolio. 🤯🤯🤯 This is why I believe the market is dramatically underestimating what IREN is building. ✅ Gigawatts of power ✅ Strategic land positions ✅ Grid access ✅ Permits & approvals ✅ AI-ready infrastructure

investing

78,823 просмотров • 1 месяц назад

🚨ALERT: 50% of Data Centers will NEVER connect to the grid. Half of the data centers announced in the last 24 months will NEVER connect to the grid. Kevin O’Leary said it. The data proves it. While everyone’s chasing “paper capacity,” $CIFR and $IREN are sitting on EXECUTED grid connections that can’t be replicated. Here’s why they’re untouchable: 266 GW of power projects canceled in 2025 alone. That’s 2.4x the cancellations from 2024. Why? Because the U.S. grid is facing a structural deficit that nobody wants to talk about. • Data centers need 18-36 months to build • Grid connections take 5-7 YEARS (sometimes 12) • Interconnection queues in PJM and ERCOT now average 7 years • Average interconnection cost in MISO: $753,116 per MW Translation: You can announce a data center tomorrow. But you CAN’T connect it to power until 2032. The math doesn’t work. The timeline doesn’t work. The physics don’t work. $CIFR - The Fixed-Price Power Moat: Cipher control one of the lowest-cost power portfolios in North America. > Power cost: $0.027/kWh (fixed, long-term PPAs) > Debt: $0 > Portfolio: 2.2 GW across Texas But here’s what everyone’s missing: Their 1-gigawatt Colchis site has a FULLY EXECUTED Direct Connect Agreement with American Electric Power. Not “in the queue.” Not “under study.” EXECUTED. Energization: 2028. While competitors are stuck waiting 7+ years for interconnection approvals, $CIFR already has a Tier 1 grid connection locked in. And they just signed: • $5.5 billion, 15-year lease with AWS for 300 MW • 10-year hosting deal with Google/Fluidstack for 168 MW That’s $8.5 billion in contracted lease payments for AI infrastructure. $IREN - The Microsoft Validation: $IREN didn’t just secure power. They secured the ONLY thing that matters: a hyperscaler willing to pre-pay billions. November 2025: $9.7 billion AI Cloud contract with Microsoft. Let me repeat that. Microsoft PRE-PAID for capacity that doesn’t exist yet. Deal structure: • 200 MW of liquid-cooled AI capacity • $1.94 billion annual recurring revenue (once online) • 20% prepayment to fund $5.8 billion GPU purchase from Dell • Four “Horizon” data centers at their 750 MW Childress campus But the real alpha? Their 2.91 GW portfolio of GRID-CONNECTED power. Not speculative. Not “in the queue.” Connected. Energized. Operating. > Sweetwater 1: 1.4 GW (energization accelerated to April 26) > Childress: 750 MW (operating) > Prince George: 160 MW hydro (23k GPUs for AI) $IREN is scaling to $3.4 billion in AI Cloud ARR by end of 2026 using only 16% of their total power capacity. The Peer Comparison Nobody’s Talking About: Everyone’s excited about $RIOT, $MARA, $CORZ, and $WULF. Here’s the problem: $RIOT: 1.7 GW portfolio, mostly Bitcoin-focused. 25 MW HPC lease with AMD ($311M over 10 years). That’s 1/30th the size of IREN’s Microsoft deal. $MARA: Building “behind-the-meter” natural gas generation to BYPASS the grid entirely. Smart strategy, but they’re starting from scratch. 1.8 GW capacity, mostly mining. $CORZ: $10B+ contract with CoreWeave sounds massive. But they’re CONVERTING old mining infrastructure. Not purpose-built for AI. Currently unprofitable. $WULF: 750 MW at Lake Mariner. Zero-carbon hydro/nuclear. Clean energy story is strong. But only 72.5 MW of HPC capacity by Q2 2025. Meanwhile: • $CIFR has 2.2 GW with executed grid agreements and $8.5B in hyperscaler contracts • $IREN has 2.91 GW of energized capacity and a $9.7B Microsoft deal The Cooling Bottleneck: Secured power means NOTHING without secured cooling. November 2025: CyrusOne data center in Illinois went down for 10 hours because ONE chiller failed. This facility handles TRILLIONS in CME trading volume. Energy, agriculture, crypto derivatives markets frozen globally. Why? Because AI racks now consume 600 kW of power (enough to power 500 homes). A single rack failure creates catastrophic heat buildup. $IREN’s solution: Liquid-cooled infrastructure at all Horizon facilities. $CIFR’s solution: Turnkey air-and-liquid cooling delivery for AWS. Hyperscalers aren’t paying billions for “power connections.” They’re paying for THERMAL RELIABILITY. The Numbers That Matter: > PJM capacity prices: 10x increase from 2024 to 2025 (extreme scarcity signal) > Interconnection costs in Louisiana/Missouri: $900,000+ per MW > $64 billion in U.S. data center projects blocked or delayed in 2024-2025 > 25+ major data center projects canceled in 2025 alone The grid is saturated. The timeline is broken. The infrastructure doesn’t exist. But $CIFR and $IREN? They already own the infrastructure. They already have the grid connections. They already have the hyperscaler contracts. The Bottom Line: > AI demand is doubling every 90 days. > Grid capacity takes 5-7 years to build. > You can’t close that gap with announcements. You close it with EXECUTED agreements and ENERGIZED megawatts. $CIFR: $0.027/kWh power, $8.5B in contracts, 1 GW Tier 1 grid connection $IREN: $9.7B Microsoft deal, 2.91 GW energized portfolio, $3.4B ARR target by 2026. While half the industry fights over interconnection queues, these two are already plugged in. The power crunch isn’t coming. It’s here. And the only winners will be the ones who secured their megawatts BEFORE the grid broke. Bullish $CIFR and $IREN. Note: This is NOT financial advice.

Black Panther Capital

347,343 просмотров • 5 месяцев назад

🔴 GAZA OPERATIONAL UPDATE 08:40 – IDF Announcement on the Humanitarian Zone in Khan Yunis: In light of the expansion of the maneuver in Gaza City and the takeover of Hamas terror strongholds as part of Operation Gideon’s Chariots II, the IDF announces today, September 6, 2025, the establishment of the humanitarian zone in Khan Yunis. The humanitarian zone includes essential humanitarian infrastructure such as field hospitals, water pipelines and desalination facilities, along with the continued supply of food, tents, medicine, and medical equipment, to be brought in under COGAT coordination with the international community. Humanitarian aid efforts in the zone and the adaptation of infrastructure will continue on an ongoing basis in cooperation with the UN and international organizations, in parallel with the expansion of the maneuver. ⸻ 12:20 – Additional Evacuation for a High-Rise Building in the Gaza Strip: The IDF Spokesperson in Arabic issued an urgent warning to residents of Gaza City in blocks 726, 727, 784, and 786, and especially those in the building marked in red in the image and the nearby tents: “You must immediately evacuate southward to the humanitarian zone in Al-Mawasi, Khan Yunis, for your safety.” ⸻ 12:30 – Hamas Orders Residents Not to Evacuate and to Sacrifice Their Blood for Gaza. ⸻ 13:20 – Strike on the Al-Susi High-Rise Building: Under the command of Southern Command, the IDF struck a high-rise building used by the Hamas terror organization in Gaza City. Hamas terrorists had installed intelligence-gathering equipment in the building and set up observation posts to track the locations of IDF forces in the area. As part of its preparations for the IDF’s maneuver in the sector, Hamas operatives planted numerous explosive devices near the building, intended to harm IDF forces. In addition, Hamas established an underground infrastructure adjacent to the building, from which its operatives directed terrorist activity through tunnels. Prior to the strike, steps were taken to minimize the risk of civilian casualties, including warning the population, using precision munitions, conducting aerial surveillance, and relying on additional intelligence. The terror organizations in the Strip systematically violate international law, cruelly exploiting civilian institutions and the population as human shields for their terror operations.

Voice From The East

41,451 просмотров • 10 месяцев назад

Elon is a genius and there's no other way to explain what he built. The bears biggest argument against SpaceX's $1.75–2 trillion IPO valuation has always been the orbital data center play. Space based compute is unproven, technically complex, and expensive at a scale that defies easy modeling. SpaceX's own S-1 acknowledged it directly that these data centers may not achieve commercial viability. Critics were right to flag it as speculative but what they missed was that Elon was already building the hedge. While the debate about orbital compute was still theoretical, he was assembling the largest terrestrial AI infrastructure footprint on Earth. Colossus 1, now leased to Anthropic houses 230,000+ GPUs at 500 MW. Colossus 2 (Macro-Hard) runs 550,000 Blackwell GPUs targeting over 1 gigawatt enough to power roughly 750,000 American homes. The third facility, Macro-Harder, adds another ~500 MW of capacity across 810,000 square feet in Southaven, Mississippi, pushing the total campus toward 2 gigawatts and over 1 million GPUs. He secured all of this, the land, the power contracts, the chips before the rest of the market understood that power and compute would become the single most constrained resource in the AI economy. Now that constraint is everywhere and he owns the supply. Starlink is already generating $11.4 billion in annual revenue with 63% EBITDA margins and 10 million+ subscribers. The company is projecting $20 billion in total revenue across the combined entity in 2026 and that existing cash engine now funds the entire AI buildout and the Anthropic compute deal alone is estimated to generate an incremental $4–5 billion in revenue this year. The orbital data center bet may still pay off on top of all of this. But it doesn't have to, the terrestrial capacity alone, at current utilization rates, subsidizes Grok training, generates hyperscaler revenue, and floors the SpaceX valuation story against every bear case scenario. Elon didn't just build rockets but rather he built the infrastructure layer that the entire AI industry now depends on and then started selling access to the people who need it most. Go PRO at Milk Road to see how our analysts are positioning for what could become the trade of a lifetime, the SpaceX IPO and the AI infrastructure supercycle. Link below!

Milk Road AI

63,920 просмотров • 2 месяцев назад

Today, we laid the physics foundation for our ARC fusion power plant. ⚛️ With 5 deeply researched papers — validated by independent peer review and published in the Journal of Plasma Physics — we’ve shown we've nailed the scientific basics of producing copious amounts of fusion power. The collective assessment from our 58 co-authors? This machine will work. No scientific breakthroughs are required to bring this clean, secure, abundant source of energy to the grid. Here is how we're handling fusion's biggest challenges: ⚡ Powering the Grid: Using extremely strong magnets, ARC will confine the plasma long enough to generate 1.1 GW of fusion power. We'll convert that into 400 MW of continuous net electricity — enough to power ~280,000 average American homes. 🛡️ Handling Heat Exhaust: To control a superhot, unruly cloud of charged particles, we're utilizing proven methods to safely handle the heat exhaust that acts as a key practical constraint for tokamaks. ✅ Managing Disruptions: We aren't trying to build an operationally perfect machine. We are pragmatically designing ARC to safely handle disruptions and keep the plasma stable for top performance. 🏗️ Proving the Approach: We're building on decades of tokamak research and supercomputer simulations. And we're proving our approach right now with SPARC, the tokamak we are actively building in Massachusetts. With our transparency, you don’t have to take our assertions on faith. We are really pushing fusion forward.

Commonwealth Fusion Systems

10,776 просмотров • 1 месяц назад

E176: Eric Larchevêque - Why Bitcoin Is the Only Money You Actually Own Eric Larchevêque is the co-founder of Ledger, the hardware wallet used to secure billions in crypto worldwide. He built his first company from zero, sold it for €27 million, lost his savings in a Latvian bank collapse, had his gold bars confiscated by a Luxembourg bank, and went 100% Bitcoin in 2013. He's now building TBSO - La Société Bitcoin - a publicly listed company co-founded with NBA legend Tony Parker Timestamps: 0:00 Introduction 2:00 Eric’s First Podcast In English 2:32 Where Does Eric’s Optimism Come From 3:31 The First Thing Eric Thinks Of Every Morning 4:03 What Eric’s AI Agents Do 5:47 What Does Eric Do & Why 6:53 Are The Majority Of People Ready For Responsibility? 8:01 Why People Need To Hit A wall 9:42 When Did Eric Take Responsibility For His Future? 11:48 Eric Had No Idea What Building A Company Meant 12:39 Who Is Eric Larcheveque? 13:21 Eric’s First Major Leap For His Company 14:30 What Will Become A Commodity In 5+ Years 18:21 Going From Building Websites To Bitcoin 27:31 Partnerships: Trezor @BitwiseInvest 28:17 Why Eric Went All In On Bitcoin 34:37 Did Eric Question The Volatility Of Bitcoin 38:52 Eric Believes He Could Still Be Wrong About Bitcoin 40:24 100% Of Eric’s Liquid Networth Is In Bitcoin 41:39 Eric’s Explanation Of Bitcoin & Time Preference 46:50 Why Look At Bitcoin As A Long-Term Asset Only 49:59 You Should Build A Bitcoin Strategy 53:07 Where Does Bitcoin Go In 10 Years 54:47 What Does A Bitcoin Dominant World Look Like 59:24 Partnership: KAST 1:00:12 Why Bitcoin Will Never Hit 0 1:03:54 How To Understand Bitcoin, Explained Simply 1:10:47 What Eric Learned While Building Ledger 1:16:03 Co-Founder Kidnapping Discussion & Advice 1:23:11 How Eric Sleeps Knowing Bad Situations Happen 1:25:56 Why Eric Stays In France 1:27:23 Partnerships: Jupiter Ethena 1:28:07 What Is The Bitcoin Society 1:32:25 Who’s Backing Bitcoin Society 1:32:51 What Does Tony Parker Do With Bitcoin? 1:33:46 Eric’s View On Learning To Learn 1:34:38 Why Eric Creates Videos When He Could Chill 1:37:19 Is Eric Building A Personal Brand? 1:39:00 Does Eric Feel Happier Now With Money? 1:40:04 Being An Entrepreneur Requires Sacrifice 1:41:22 Experiences Over Buying Extra Bitcoin 1:44:06 Do Everything To Achieve This One Thing 1:45:11 Closing Thoughts

MR SHIFT 🦁

103,729 просмотров • 1 месяц назад

The Department of Energy has formally approved our Preliminary Documented Safety Analysis (PDSA) for the Mark-0 reactor—our first demonstration reactor, scheduled to go live before July 4, 2026. Mark-0 will validate fueling operations, reactor controls, and core physics. This demonstration is a critical step toward generating electricity from advanced microreactors. Mark-0 uses a full-scale core and the same facility and fuel that will support our next reactor test in 2027. The PDSA defines the preliminary safety basis for the reactor, facility, and planned operations, demonstrating that our approach meets DOE expectations at this stage. This approval validates our safety case and establishes a clear pathway to final acceptance as we prepare for fabrication, assembly, and installation. Mark-0 will be tested at Idaho National Laboratory in Building 793—now the Reactors and Critical Experiments facility—a site with deep nuclear history. Decades ago, this building housed ML-1, the Army’s first mobile nuclear reactor. Today, it supports the next generation of deployable nuclear power. We find the historical relevance fitting and inspiring, as Antares develops a similar-scale microreactor to meet Army operational and installation needs. Since 2024, we’ve worked to establish this facility as an enduring testbed, enabling rapid progress without the need for groundbreaking construction. We’re grateful for our partners at DOE and INL, and for leaders like Congressman Mike Simpson who continue to support the American nuclear renaissance.

Antares

16,481 просмотров • 6 месяцев назад