$IREN - Nvidia repeats in its report what we all know😊
“Securing land, power and shell for data centers has become the next critical phase in the AI infrastructure buildout.”
“IREN is our anchor DSX partner. The first gigawatt is committed — Childress is scaling now, and Sweetwater is the crown jewel. Two gigawatts at a single site, energized on schedule, purpose-built to the DSX reference design from the ground up. Not a retrofit — a greenfield AI factory. We’ve allocated Vera Rubin for Sweetwater Phase 1, and our teams are co-engineering the site together. When people ask me what the AI factory of the future looks like, I tell them: go look at Sweetwater.”
- @JensenHuang in my dreams tonight before $NVDA earnings.
$IREN
BitTensor TAO is a fascinating experiment in training and rewarding the long tail of AI.
On February 13, the protocol implemented staked tokens for each "alpha" subnet. The market cap of these alpha subnets was $50 Million for a month, then jumped to $200 Million, and just over the last 48 hours jumped to $329 Million.
I would wager that these subnet tokens will eventually (and not very long from now) hit 1 Billion. My new project which will be revealed in 6 days will allow you to get exposure to that thesis.
We also created our own subset at 7:30am PST:
Subnet 90.
Brain.
More on this one after the reveal. If in LA, stop by our launch party.