🚨 THE AI INFRASTRUCTURE MARKET JUST GOT A LOT SMARTER.
Nvidia backed Firmus tried to take a multibillion dollar data center IPO to market.
Investors said: show us the economics.
Meanwhile, Google’s Wyoming data center structure includes roughly $1.8B of new generation investment, 590 MW of grid service, 2.1 GW of additional contracted resources, and $399M already advanced for long lead equipment.
That is the difference between an AI story and a bankable infrastructure transaction. ⚡
Also in Friday’s GRO Money News:
📉 Nasdaq: down 1.3%
🏦 10 year Treasury: about 5.23%
🏠 Freddie Mac 30 year mortgage: 7.40%
🌏 Asia: AI spending concerns hit Japan
🇦🇪…
The skinny
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