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USD/BTC = $81,715
Block 887,709
TL:DR

One of the biggest construction loans ever for a data center highlights booming demand for artificial intelligence

Key PointsKey Points

What's This?

  • Lenders have provided a $2 billion loan for the construction of a 100-acre data center in Utah, highlighting the growing demand for facilities that support AI.
  • The data center will have a capacity of 175 megawatts of continuous power, enough to power 175,000 average-size U.S. homes. It is already fully leased.
  • The project addresses water scarcity concerns in Utah by using a cooling system that minimizes water evaporation.

My Thoughts 💭My Thoughts 💭

AGI can’t get her fast enough. This AI thing better pay off or we are screwed. Massive investments are pouring into the sector but where is the gain?

Adore you for pricing stories headlines in btc. Based

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175 mW is huge!
To build a solar system with this capacity, it needs around $157.500.000 (approx $900/kW)

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Sounds like a good article, but I'm not paying to read it.
Found it on another news site, MSN.
You can read it here without all of the ads: https://archive.ph/ihmyg

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