VALUE-HUNTER🇨🇦

If intelligence is the log of compute… it starts with a lot of compute! And that’s why we’re scaling our GPU fleet faster than anyone else. Just last year, we added over 2 gigawatts of new capacity – roughly the output of 2 nuclear power plants. And today we’re going further, announcing the world's most powerful AI datacenter, located in southeastern Wisconsin. Fairwater is a seamless cluster of hundreds of thousands of NVIDIA GB200s, connected by enough fiber to circle the Earth 4.5 times. It will deliver 10x the performance of the world’s fastest supercomputer today, enabling AI training and inference workloads at a level never before seen. For AI training workloads, you need compute at exponential scale. That’s why we designed the datacenter, GPU fleet, and network together as one integrated system. This ensures a single job can run from day 1 at exponential scale across thousands of GPUs. Fairwater uses a liquid-cooled closed-loop system for cooling GPUs that requires zero water for operations after construction. And we’re matching all of the energy that is consumed with renewable sources. And of course, it is just one of several similar sites we’re lighting up across our 70+ regions. We have multiple identical Fairwater datacenters under construction in other locations across the US, in addition to our AI infrastructure already deployed in over 100 datacenters around the world, powering model training, test-time compute, RL tuning, and real-time inference at global scale. Too often during times like this, people go with the current and only later wonder, how did we get here? With Fairwater, we're charting a new path: doing the hard engineering work, bringing compute, network, and storage into one highly scaled cluster, and designing closed-loop energy systems to meet real-world computing needs. And partnering with local communities to ensure it's thoughtfully done in a way that is sustainable, creates new jobs, and expands opportunity. We are thrilled to see this take hold in Wisconsin, and we are just getting started.

🚨👀💰 JUST IN — Golf Channel is reporting that some LIV Golfers are threatening to not play tomorrow’s 1st round in Mexico City after not being paid for Q1 performances.

Is LIV Golf SHUTTING DOWN?! Rumors are swirling online, meanwhile LIV Mexico City this week seems to be proceeding with business as usual. More details below ⬇️

A 25-year old married couple earning $150k will pay over $3k more in federal income tax for 2025 than a 65-year old married couple with the same income (note: assumes no social security - 65-year old couple is waiting to age 70 to get max benefit). This is a fair tax policy?

The biggest beneficiaries of CoreWeave $CRWV signing massive cloud computing deals with investment-grade customers like META are CoreWeave's largest data center landlords, Galaxy Digital $GLXY and Core Scientific $CORZ. Wrote about the flow of funds and economics within a standard CoreWeave project-finance SPV below. As CoreWeave continues to ink large deals to fill out the data centers that their landlords are building for them, the likelihood of nonpayment to these landlords decreases dramatically.

If LIV folds abruptly as reports indicate, the good news is that players can file breach of contract claims against the Saudi Public Investment Fund in the courts of the Kingdom of Saudi Arabia.