Friedberg says Climate Corp was the largest known user of Amazon's cloud and filed FOIA requests for farming data.
“In fact, we did federal Freedom of Information Act requests for the federal government in The U. S. To get hard drives and hard drives of data.”
Friedberg states China is constructing 400 nuclear reactors representing 60% of total US power production capacity.
“Just try to think about each one of those being one, maybe one and a half gigawatts. Suddenly, that's 60% of The US power production capacity being built right now”
Friedberg notes China is building 400 nuclear reactors, equivalent to 60% of total US power production capacity.
“Just try to think about each one of those being one, maybe one and a half gigawatts. Suddenly, that's 60% of The US power production capacity being built right now in just nuclear by China.”
Friedberg characterizes data center infrastructure capex as high alpha and low beta, while model development is high alpha but very high beta and risky.
“I would frame it as capex is high alpha, low beta in data center infrastructure... model development theoretically could be high alpha but it's very high beta — it's a very risky way to deploy capital.”
Friedberg argues compute infrastructure investment has obvious high return on invested capital due to extreme demand.
“And because of the extreme demand for compute, it's a pretty obvious kind of ROIC model, return on invested capital. So if you make this sort of an investment, you have significant demand for infrastructure.”