Nathan Lambert

You know, one of the executive actions he did is on federal land, you can just basically build data centers in power, you know, like pretty much like that. And then the permitting process is basically gone or you file after the fact. So like one of the, again, like I had a schizo take earlier, another schizo take. If you've ever been to the Presidio in San Francisco, beautiful area.

You know, one of the executive actions he did is on federal land, you can just basically build data centers in power, you know, like pretty much like that. And then the permitting process is basically gone or you file after the fact. So like one of the, again, like I had a schizo take earlier, another schizo take. If you've ever been to the Presidio in San Francisco, beautiful area.

You could build a power plant in a data center there if you wanted to. Because it is federal land. It used to be a military base. It is. Obviously, this would piss people off. It's a good bit. Anyways, Trump has made it much easier to do this, right, generally. Texas has the only unregulated grid in the nation as well.

You could build a power plant in a data center there if you wanted to. Because it is federal land. It used to be a military base. It is. Obviously, this would piss people off. It's a good bit. Anyways, Trump has made it much easier to do this, right, generally. Texas has the only unregulated grid in the nation as well.

You could build a power plant in a data center there if you wanted to. Because it is federal land. It used to be a military base. It is. Obviously, this would piss people off. It's a good bit. Anyways, Trump has made it much easier to do this, right, generally. Texas has the only unregulated grid in the nation as well.

And so, therefore, ERCOT enables people to build faster as well. In addition, the federal regulations are coming down. And so, Stargate is predicated, and this is why that whole show happened. Now, how they came up with a $500 billion number is beyond me. How they came up with a $100 billion number makes sense to some extent, right?

And so, therefore, ERCOT enables people to build faster as well. In addition, the federal regulations are coming down. And so, Stargate is predicated, and this is why that whole show happened. Now, how they came up with a $500 billion number is beyond me. How they came up with a $100 billion number makes sense to some extent, right?

And so, therefore, ERCOT enables people to build faster as well. In addition, the federal regulations are coming down. And so, Stargate is predicated, and this is why that whole show happened. Now, how they came up with a $500 billion number is beyond me. How they came up with a $100 billion number makes sense to some extent, right?

And there's actually a good table in here that I would like to show in that Stargate piece that I had. It's the most recent one, yeah. So anyways, Stargate, you know, it's basically, right, like there is, it's a table about cost. There, you passed it already. It's that one. So this table is kind of explaining what happens. So Stargate is in Abilene, Texas, the first $100 billion of it.

And there's actually a good table in here that I would like to show in that Stargate piece that I had. It's the most recent one, yeah. So anyways, Stargate, you know, it's basically, right, like there is, it's a table about cost. There, you passed it already. It's that one. So this table is kind of explaining what happens. So Stargate is in Abilene, Texas, the first $100 billion of it.

And there's actually a good table in here that I would like to show in that Stargate piece that I had. It's the most recent one, yeah. So anyways, Stargate, you know, it's basically, right, like there is, it's a table about cost. There, you passed it already. It's that one. So this table is kind of explaining what happens. So Stargate is in Abilene, Texas, the first $100 billion of it.

That site is 2.2 gigawatts of power in, about 1.8 gigawatts of power consumed. Per GPU, they have roughly... Oracle is already building the first part of this before Stargate came about. To be clear, they've been building it for a year. They tried to rent it to Elon, in fact. But Elon was like, it's too slow. I need it faster. So then he went and did his Memphis thing.

That site is 2.2 gigawatts of power in, about 1.8 gigawatts of power consumed. Per GPU, they have roughly... Oracle is already building the first part of this before Stargate came about. To be clear, they've been building it for a year. They tried to rent it to Elon, in fact. But Elon was like, it's too slow. I need it faster. So then he went and did his Memphis thing.

That site is 2.2 gigawatts of power in, about 1.8 gigawatts of power consumed. Per GPU, they have roughly... Oracle is already building the first part of this before Stargate came about. To be clear, they've been building it for a year. They tried to rent it to Elon, in fact. But Elon was like, it's too slow. I need it faster. So then he went and did his Memphis thing.

And so OpenAI was able to get it with this weird joint venture called Stargate. They initially signed a deal with just Oracle for the first section of this cluster. This first section of this cluster is roughly $5 billion to $6 billion of server spend. And then there's another billion or so of data center spend.

And so OpenAI was able to get it with this weird joint venture called Stargate. They initially signed a deal with just Oracle for the first section of this cluster. This first section of this cluster is roughly $5 billion to $6 billion of server spend. And then there's another billion or so of data center spend.

And so OpenAI was able to get it with this weird joint venture called Stargate. They initially signed a deal with just Oracle for the first section of this cluster. This first section of this cluster is roughly $5 billion to $6 billion of server spend. And then there's another billion or so of data center spend.

And then likewise, if you fill out that entire 1.8 gigawatts with the next two generations of NVIDIA's chips, GB200, GB300, VR200, and you fill it out completely, that ends up being roughly $50 billion server cost. Plus there's data center costs, plus maintenance costs, plus operation costs, plus all these things. And that's where OpenAI gets to their $100 billion announcement that they had.

And then likewise, if you fill out that entire 1.8 gigawatts with the next two generations of NVIDIA's chips, GB200, GB300, VR200, and you fill it out completely, that ends up being roughly $50 billion server cost. Plus there's data center costs, plus maintenance costs, plus operation costs, plus all these things. And that's where OpenAI gets to their $100 billion announcement that they had.

And then likewise, if you fill out that entire 1.8 gigawatts with the next two generations of NVIDIA's chips, GB200, GB300, VR200, and you fill it out completely, that ends up being roughly $50 billion server cost. Plus there's data center costs, plus maintenance costs, plus operation costs, plus all these things. And that's where OpenAI gets to their $100 billion announcement that they had.