Tag: AI data centers
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AI Data Center Curtailment: Who Gets Cut First When the Grid Runs Short
Key Takeaways A new PJM site drawing 50 MW or more can be cut first during a shortage from June 1, 2027. Staying exempt means buying capacity: about $6.0 million a year for 50 MW, our calculation. Texas can directly…
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Why AI Cloud Companies Lose Money Even at 66% Gross Margins
Key Takeaways Nvidia’s gross margin was 75.0% last quarter; management guided it to 72–73% next year, pointing to memory costs. CoreWeave rents Nvidia chips. Same season: a 66% gross margin, a $626 million net loss, $640 million of interest expense.…
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Poolin’s Bankruptcy Reveals Where Mining Rigs Go Next
I keep coming back to one detail in this story: it’s not the bankruptcy itself that matters, it’s who’s bidding on the wreckage.
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Bitcoin Miner Hut 8 Just Became an AI Company
Hut 8, a publicly traded Bitcoin mining company, saw its share price jump on Monday after news broke of a data center agreement tied to AI compute demand, valued at roughly $9.8 billion, according to Bitcoin Magazine.