@TopherGotWifi Perhaps 14 billion ARR if they execute and contract prices stay the same. Real question is what happens with financing? I’m about 25% more bullish than you on all 3 cases.
@HansCashFlow@daniel_koss By “mess” are you referring to the macro situation? The massive capex and big tech tapping equity and balance sheets? Somethinging else? Genuinely curious why you think the trade is so weak.
@leevalueroach I’m biased because I don’t use any products except muse. Survive sure, survive and continue to post 26% growth like they do? No, no I don’t.
@AndreasSteno 63% seems rich in Texas, but I live in Alaska and considering the amount of political adds and calls I see from both sides in our senate race……very red in my state normally. Trump definitely inspires people,one way or the other. No one’s in the middle these days.
@jiahanjimliu The only way is start start acquiring existing contracted power. Mara has 4.8 gigawatts and has never created any actual value with them. Many others although gigawatt size campuses might have to be btm.
@duncancampbell Also many different ways to generate the same energy. Intelligence compute is unique. The models might be commoditized but they all need compute.
@PhotonCap Power and the heavy infrastructure to use it are inherent moats. All of it is becoming increasingly hard to acquire and none of the supply chain scales quickly. What happened with Nscale is going to happen more and more.