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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding

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To: Elroy Jetson who wrote (12827)7/25/2024 6:01:07 AM
From: elmatador   of 13784
 
$1 Trillion Rout Hits Nasdaq 100 Over AI Jitters
Elmat is single-handedly offering a solution here in Kenya!

QUOTE
BlackRock CEO Larry Fink spoke remotely at a meeting in Rome of the B7 business groups of the Group of Seven (G7) states...These AI data centres are going to require more power than anything we could ever have imagined.We at the G7 do not have enough power," Fink said."

This is the CEO of BlackRock that had total assets under management (AUM) of around 10.5 trillion U.S. dollars. This compares to 8.59 trillion U.S. dollars of AUM as of 2022
UNQUOTE

A Kenyan importer could sign a deal with a data center investor, importing electricity from where it is cheaper -Uganda or Ethiopia- and supplying data centers here in Nairobi. George Aluru
We can take the burden from the data center investor of acquiring sites, permissions, connectivity, and construction; delivering a data center shell Prêt-à-porter. Voila! De-risking. Build to suit. Fast to market.

But here is the beauty. Say PAIX Data Centres may not have the scale to procure renewable power either through PPAs or investments in power plants. PAIX and other smaller data centers could aggregate their purchasing power to optimize energy procurement. While the Kenyan importer of electricity could consider investing in renewable-energy plants to supply consortiums of datacenter' smaller players.
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