AI infrastructure is becoming as foundational as electricity was a century ago.
The question is whether it's built with communities or on top of them.
@JensenHuang and @GavinSBaker circled the same point this week: data centers can be a genuine win for the towns that host them, but only if the builder shows up first, listens before breaking ground, and keeps the promises made on day one.
In Independence, MO, that meant:
- We paid off $270K in local school lunch debt before we ever broke ground.
- More than 99% of our construction workforce is local union labor.
- We signed a workforce partnership with Metropolitan Community College.
- Our closed-loop cooling system uses about as much water each year as a single restaurant, less than a typical gas station.
We show up under our own name. We work in the open with the community. And the commitments we make on day one are the standard we hold ourselves to for the life of the facility.
More on how we build AI responsibly: https://t.co/c6bRHInStT
๐ The @NVIDIAAI ร Nebius Global AI Hackathon is here.
Build with open models + Nebius infra across 4 tracks. $50K+ in prizes.
Register: https://t.co/9SFqxSI9fu ๐ฅ
$NBIS UPDATE: Judge rules that Construction on Nebius Birmingham Data Center is Allowed to Continue Until March 8th Non-Jury Hearing ๐ฅ
The note is behind a paywall which I was able to pay for to access, but here is the portion of the article highlighted and two key points:
1. Non-Jury Hearing โ This is a key point as the judge will decide legal issue not a jury
2. Construction Can Continue until the hearing โ This is Massive as Nebius will be able to move forward with substantial completion of the data center by March 8th and the chances of any ruling stopping a buildout at that advanced stage are far more slim.
I understand it's freaking annoying to many that I keep yapping about $NBIS all the time.
But I wanna explain why.
When investing I care about one thing: returns.
I'm ok with trading often or doing nothing. Whatever wins. I really don't care. I just want to performancemax.
My plan with Nebius has always been to hold it for as long as it's the best risk/reward in the market, then sell. Obvious.
I love the people there, but as an investor I have zero attachment to the stock, as proven by the fact that I've traded the stock many times at this point.
But the thing with Nebius is that the fundamentals of the business keep improving so damn quickly, that the risk/reward often gets better as the share price increases.
There are two reasons for this
1) I picked Nebius because I believe this business will be where most value accrues in AI, right now. As AI demand grows exponentially so does Nebius.
2) They keep executing better than almost all peers in the space, so while the stock keeps outperforming, it's justified by execution, not hype.
Right now after these earnings I feel like the risk/reward is better than ever.
We got so much data and so many risks are derisked. Mostly the unit economics.
I will continue to mention great trades and other opportunities I see, but I'll bore you to death with Nebius until Nebius either performs so damn well that the upside is properly priced or I find even better opportunities.
If you simply look at the performance of Nebius since I started getting obsessed at $40, you understand why me and others are so obsessed with this name.
Last but not least I want to mention that most retail investors miss the biggest gains in the market EVEN if they hold the right companies because they always think every 10-20% move should be sold to take the gains and "buy back lower".
If you hold a 10bagger you let it freaking tenbag.
I will trade around the name but as of right now, Nebius is once again my favorite name at the current price of $277 which will look stupid cheap in 1 year from now.
Daniel out for the weekend, peace โ๐ป