Mitchell Hartman

They're not getting the same energy efficiency metrics that we can get by building at scale.

The problem we have right now with power is there's not enough on the grid.

Right.

So the Department of Energy is working on building out more power.

Once we have more supply, cost goes down.

That's good for everybody.

So while the data centers do take up a lot of power, that supply is going for them and for residents, and it will bring the cost of power down when we have more supply.

Lots of signs.

Yes.

That's exactly correct.

Which makes these kinds of data center campuses very critical.

I won't say like a hospital, because that's life or death, but this is basically where the digital economy resides.

You want to talk AI, you want to talk AI and money, you've got to come to the Bay Area.

In terms of their ability to provide perks that their loyal customers, returning customers want,

Want, which involves either spending money or miles to go use their lounge or first class seat or what have you.

Every little thing costs extra.

One more backpack, picking your seat.

Some people might refer to that kind of as nickel and diming, but it's really just trying to maximize revenue off of a given plane full of seats.

Today wasn't so pretty compared to yesterday's hat trick of all-time highs.

Today is more of a digestion day.