The Lease Needed Power
Today’s episode follows the AI buildout as it leaves the slide deck and runs into financing, rack design, grid queues, and product rules. The largest story is a set of infrastructure receipts: a Treasury warning, a reported Nvidia rack delay, Anthropic’s Kentucky lease, and a Scottish data-center project whose renewable-power promise does not appear to survive contact with local evidence.
Techmeme’s NOTUS item on a draft Treasury report puts market-risk language next to the AI capex boom, with dotcom-era comparisons entering the official vocabulary.
Techmeme’s CNBC item on Nvidia Kyber NVL144…
The skinny
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