UNIVERSE / POWER
The electricity, cooling and grid equipment that keep machines alive around the clock.
WHAT QUALIFIES
An AI label without a named campus, power contract, factory order or grid connection.
CURRENT DOSSIERS
Every promotion appears in one universe only.
PHYSICAL OBJECT
Hut 8’s Beacon Point AI data-center campus.
Hut 8 reports 949 megawatts of contracted AI capacity. It says all of that capacity is leased to or backed by companies with investment-grade credit.
Open the angle dossierPHYSICAL OBJECT
Cipher’s Barber Lake AI data-center campus and its power connection.
Cipher expects its 168-megawatt Barber Lake campus to begin collecting rent in October 2026. Google agreed to backstop $1.4 billion of Fluidstack’s lease obligations.
Open the angle dossierPHYSICAL OBJECT
One large power transformer on a flatbed truck.
The International Energy Agency says buying a large power transformer can take up to four years—twice as long as in 2021. That delay can hold up the grid connection an AI campus needs to operate.
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THE CONTINUING HUNT
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