#459 – DeepSeek, China, OpenAI, NVIDIA, xAI, TSMC, Stargate, and AI Megaclusters

18019.773 - 18040.045 Nathan Lambert

Because they talked about $100 billion is phase one. That's this Abilene, Texas data center. $100 billion of total cost of ownership, quote unquote. So it's not CapEx. It's not investment. It's $100 billion of total cost of ownership. And then, and then there will be future phases. They're looking at other sites that are even bigger than this 2.2 gigawatts, by the way, uh, in Texas and elsewhere.