MILTON FRIEDMAN:
"CONSUMERS DON’T PRODUCE INFLATION."
"PRODUCERS DON’T PRODUCE INFLATION.
"INFLATION IS PRODUCED ONLY BY TOO MUCH GOVERNMENT SPENDING AND TOO MUCH GOVERNMENT CREATION OF MONEY, AND NOTHING ELSE."
Okay, this is genuinely insane.
A startup called Panthalassa just raised $140 million to build AI data centers in the ocean.
Not on a ship. Not on the coast.
Floating out in open water, with no power grid and no land at all.
It's called Ocean-3, and the idea behind it breaks your brain.
Land-based AI data centers are hitting a wall. Not a chip wall. A grid wall. Not enough power. Not enough land. Not enough cooling water to keep building them fast enough.
So Panthalassa's answer: skip land entirely.
Giant floating steel orbs bob up and down with the waves. That motion spins a turbine inside and makes electricity. No grid needed. Cold seawater wraps around the chips and cools them for free.
And here's the wild part: the whole thing runs itself. No crew on board. No cables to shore. Results beam back to land through satellites in orbit.
Backed by Peter Thiel. The company is now worth almost $1 billion.
Land is running out of room and power for AI. The next move is the ocean. Literally.
Do you think it's a great and long-term solution for AI Data Centers?
Complete Article below: ↓
If SpaceX was in the S&P 500...
It would be the 6th largest US company in terms of market cap at $2.3 trillion.
But in terms of revenue, it would be 198th largest.
Investors are betting on exponential growth like we've never seen before. $SPCX
Video: https://t.co/KjldcomKim
🚨 Unthinkable Negligence: A 21-year-old woman plunged to her death from the Skeleton Bridge in São Paulo, Brazil, after staff failed to secure her safety rope before the jump. Six people were arrested at the scene.
How does a mistake like this happen?!!
SpaceX is reportedly handing up to 30% of its IPO to retail.
Normally it's 5%.
When they suddenly want you in this badly... ask yourself why.
They never open the doors to retail at the bottom...
🔴In 25 days, Russia will officially open the northern route for navigation.
💠Is that bullish or bearish for Oil and LNG prices (all other things being equal)? I welcome your comments!
more info: https://t.co/mCP8Azng3W
#ECR's Mike Parker on Why Raglan Could Be Much Bigger Than First Thought ...
After a recent site visit to ECR Minerals' Raglan #Gold Project, Technical Director Mike Parker says he is even more excited about the opportunity than before he arrived
Mike discusses the strong operational progress being made on site, the fully permitted nature of the project, and why he believes Raglan could evolve into a significant cash-generating asset for the Company
He explains how ECR is starting to unlock the geological story behind the historic goldfield, with growing evidence pointing to additional opportunities beyond the currently mined areas.
An upcoming LiDAR survey is expected to provide another important piece of the puzzle, helping identify potential mining areas and improving the Company's understanding of the broader gold system
With production ramp-up plans advancing, further exploration under consideration and multiple newsflow catalysts ahead, Raglan is rapidly emerging as one of the most exciting assets in ECR's Australian portfolio