Alex Martini Lo Manto

CEO of Blockfusion during the day, non-reader of Twitter at night. Opinions are my own. R/T not an endorsement. *** we are hiring *** 🚀

[Steve Everley @saeverley]

“The Substacker @AndyMasley points out that if the amount of water used by data centers triples by 2030, they still would require only 8 percent of the water it takes to maintain the nation’s golf courses.”
https://t.co/RBXpz1z62q

[Alex Martini Lo Manto @Blockfusion_CEO]

Everyone against data centers should think hard on WHY is China sponsoring anti DC campaigns across America - you can dislike AI and still be patriotic, in fact you can even dislike capitalism and still love your country.

[Kevin O'Leary aka Mr. Wonderful @kevinolearytv]

We uncovered something far bigger than I ever expected. After seeing coordinated false attacks against the Utah data center project, we brought in an advanced data science team to trace where the content was coming from and the results were shocking. What we found led back to organized networks, political activist groups, and funding trails tied to massive international entities. We dug through IRS 990 filings, tracked IP data from around the world, and uncovered what appears to be a coordinated campaign targeting energy and data center projects across multiple regions.

I shared 90 pages of evidence with federal law enforcement and raised concerns directly with contacts at the White House. This isn’t speculation. The filings, funding records, dates, and connections are documented. There’s a coordinated PR war happening around energy infrastructure and data centers, and we’re not going to ignore it.

[Alex Martini Lo Manto @Blockfusion_CEO]

Bookmark this @BernieSanders @AOC

[Peter H. Diamandis, MD @PeterDiamandis]

Your grandchildren will not understand why anyone was afraid of AI. The same way you don't understand why anyone was afraid of electricity in the 19th century.

[Chris Anderson @chr1sa]

In all of human history, has there ever been a commodity with infinite demand, as there appears to be for intelligence? I can't think of one. Even compute, energy or just silicon/sand are just downstream of intelligence, which is the main demand driver.

In economics, rather than modeling the usual price/demand curve to reach an equilibrium, perhaps you'd have to model price/*rate of demand growth* (ie, the derivative of demand, or some other indicator of velocity)

Interestingly, ChatGPT (below) prefers the framework of "recursive expansion of demand" as increasing intelligence opens new applications/markets.

But the end result is the same -- the demand curve keeps moving to the right, maybe forever.

Which I think is unprecedented.

[David Sacks @DavidSacks]

Q: How are job postings for software engineers rising rapidly despite AI agents automating coding?

A: Because there’s far more code to manage than ever before. We’re already seeing a 14x YoY increase in GitHub commits, and it’s accelerating.

AI has dramatically lowered the cost of writing code, so it’s now being used across far more businesses, applications, and use cases.

We’re at the beginning of a massive productivity boom driven by the proliferation of bespoke software throughout the entire economy.

Coding has been AI’s breakout use case this year. The fact that it’s increased demand for software engineers — rather than decreased it — should call into question the entire “AI will cause mass job loss” narrative.

[Alex Martini Lo Manto @Blockfusion_CEO]

@spacex ✅✅❤️

[NASA Administrator Jared Isaacman @NASAAdmin]

Congrats @SpaceX team and @elonmusk on a hell of a V3 Starship launch. One step closer to the Moon…one step closer to Mars 🇺🇸

[Alex Martini Lo Manto @Blockfusion_CEO]

@AOC @BernieSanders

[Pirate Wires @PirateWires]

Data centers aren’t stealing your water.

Even if the total water draw of data centers triples by 2030, they’d require just 8% of the water consumed by American golf courses.

@dodgeblake interviewed @AndyMasley, the man who’s been debunking AI water doomerism. Full story 👇

[Stephen Lawson @StephenLawson_]

Despite so much rampant misinformation around data centers, a new independent analysis found “no quantitative evidence” that they have historically been subsidized by other customers — and in some cases, large-load users can actually place downward pressure on rates by spreading fixed infrastructure costs across more usage.

More jobs. More local tax revenue. Smarter growth. Georgia should continue to lead on this.

https://t.co/FRawws6pur

[Alex Martini Lo Manto @Blockfusion_CEO]

We need 10X the compute we have today but the public discourse on Data Center is so negative that I would just be happy if Bernie and AOC legislation fails (low bar ? I know)

[Liz Thomas @LizThomasStrat]

The explosion of agentic AI and compute shortages are pushing up prices: Average LLM token costs are now $2.12/mil tokens,+12% this week alone and +65% since end of Feb.

[Alex Martini Lo Manto @Blockfusion_CEO]

Thanks @nic_carter for showing conclusively that “no…that data center in your backyard is not raising your bill”

[nicolas, 30 ans @nic_carter]

This is the single most important chart.

If AI were driving prices, you'd see a cluster top-right. You don't.

States with huge load growth (VA, TX, NV, ND, IA) sit at ~0c change in 5y. States with massive price hikes (CA, NY, MA, CT) have basically NO load growth.

[Alex Martini Lo Manto @Blockfusion_CEO]

#NewProfilePic … just another day at the office

[Alex Martini Lo Manto @Blockfusion_CEO]

AI infrastructure spend isn’t fixed. It’s highly sensitive to assumptions around power, chip lifecycles, and data center build speed. Small changes in those variables move hundreds of billions in required capacity. The real constraint is execution. https://t.co/4eqH3XymHw

[Alex Martini Lo Manto @Blockfusion_CEO]

@AshleyLLouise @garrytan Yes!!! Let’s regurgitate the usual talking points with confidence!!! data centers bad !! They increase your power bill (zero evidence) they use your water (never mind industry is moving to closed loop DTC cooling)…noisy!! (Really?)

[Alex Martini Lo Manto @Blockfusion_CEO]

Work hard, play with your children harder ❤️

[Vala Afshar @ValaAfshar]

75% of the time we spend with our children in our lifetime will be spent by age 12, 90% by the time children are 18.

[Alex Martini Lo Manto @Blockfusion_CEO]

Spot on

[Shanu Mathew @ShanuMathew93]

There’s a lot of cognitive dissonance in the power debate right now.

On one side: data centers are framed as the source of all evil, driving electricity bills higher and consuming every incremental megawatt.

On the other: people still haven’t fully internalized what broad-based electrification and decarbonization actually require. Electric vehicles, heat pumps, industrial electrification, reshoring, transmission upgrades, battery manufacturing, air conditioning growth, etc. This was always going to be an enormous power demand story.

That’s why I keep coming back to the same point: AI/data centers may be one of the best things to happen to grid investment in decades.

For the first time in a long time, you have:
-governments prioritizing infrastructure
-corporates willing to sign long-duration power contracts at above market prices
-capital markets willing to fund generation/transmission
-customers that can actually support the returns needed for massive buildouts

Does it solve everything perfectly? Of course not. There will be bottlenecks, local stress, permitting fights, bad projects, longer thermal runoff period,and periods of volatility.

But absent another generational supercycle where incentives align across utilities, policymakers, infrastructure developers, and private capital, this may be one of the strongest opportunities we get to materially modernize and expand the grid, ever!

Also a little convenient how some of the loudest proponents of gas stove bans, EV mandates, and broad electrification are suddenly treating data centers as the sole culprit behind higher power prices.

[Alex Martini Lo Manto @Blockfusion_CEO]

Concerns about power use, water, land, and local impact deserve answers. Communities are right to ask questions. What doesn’t make sense is responding to those concerns with moratoriums or blanket opposition, because the infrastructure doesn’t disappear. https://t.co/BlzpcMe1JX

[Alex Martini Lo Manto @Blockfusion_CEO]

What a day for AI infrastructure …✅

[Alex Martini Lo Manto @Blockfusion_CEO]

Clearly a bubble 😎😅

[Tannor Manson @Futurenvesting]

Anthropic is now showing off $44 BILLION in annual recurring revenue.

This is up $14 billion (+46.6%) since last month!

BULLISH for AI Infrastructure $NVDA $AMD

[Alex Martini Lo Manto @Blockfusion_CEO]

@google @Blockfusion let’s talk

[Ryan Detrick, CMT @RyanDetrick]

"I'm willing to go bankrupt rather than lose this race." Google co-founder Larry Page on the AI spending race.

Looks like he wasn't kidding.