USD/BTC =$66,552
Block 942,802TL:DR
Japanese and US companies have announced the launch of the Portsmouth Consortium under the US-Japan Strategic Trade and Investment Agreement to support large‑scale power generation and AI infrastructure development in Piketon, Ohio, US
The Consortium will participate in the 9.2 gigawatt Portsmouth Powered Land Project, among the largest [power generation projects](https://www.constructionbriefing.com/news/us-aims-to-build-80bn-worth-of-new-nuclear-power-plants/8087836.article)announced by the US government, aimed at meeting surging AI‑driven energy demand.
It has been reported that the consortium and prospective tenants will invest a total of $500 billion to break ground on the data center within this year and that, as a single-location investment, it would be one of the largest in the world.
Companies that have expressed interest in being part of the consortium include Fujikura, Hitachi, Sumitomo Electric Industries, SoftBank Group, Bechtel, Kiewit and Kinder Morgan
“The Portsmouth Consortium is a powerful signal that the market is moving from AI ambition to AI execution, anchored in the infrastructure that makes it real,” said Catherine Hunt Ryan, President of Bechtel Manufacturing & Technology.
“Bechtel’s focus is integrated delivery that draws on our megaproject experience to pair gigawatt‑scale data centers with power and enabling infrastructure delivered in parallel, reducing risk and bringing AI capacity online faster, more reliably, and at the pace required to lead.”
My Thoughts 💭My Thoughts 💭
An eye watering 7.5 million bitcoin is crazy! KMI Is getting in on this action. This AI race is something incredible. I really do believe it’s getting a so big if anything starts to fail expect a bailout!
Just means BTC is undervalued, right? Just reply with "right".
Right this is my goal with SN and my construction and engineering territory.
To chronicle the cost of infrastructure and see how much BTC it will cost to do these major capital projects.
Also it’s a great reminder the cash balance of Bitcoin must grow significantly if it’s going to be used in legitimate economic activity like construction.
Would these projects even exist if not for freshly brrrinted debt?
Of course the Indians, Romans, Egyptians did it. They may have used slave labor but massive infrastructure projects can happen without debt
Kind of a major caveat, lol
True haha