Over the last 30 days, more than $1T has been pledged to build 50–100 GW of power for AGI, an unprecedented, Manhattan-Project-scale race to convert energy into intelligence. We break down who’s winning and why: XAI/Elon’s Colossus 2 and deep vertical integration (Tesla Megapacks, in-house chips), OpenAI’s Stargate deals with Oracle/SoftBank plus a reported $100B NVIDIA tie-up, Microsoft’s Fairwater push, Intel’s geopolitics—while Europe lags and China stockpiles energy and homegrown GPUs. Is this an AI CapEx bubble or the new reality where compute becomes the last thing we spend money on—and where being months late can cost you the race? ------ 🌌 LIMITLESS HQ: LISTEN & FOLLOW HERE ⬇️ https://limitless.bankless.com/ https://x.com/LimitlessFT 🔐 KGEN - The Verified Distribution Protocol: https://bankless.cc/KGEN ------ TIMESTAMPS 00:00 Intro 02:25 Colossus 09:21 OpenAI Goes BIG 16:29 The $100B Bet 22:19 Intel & Apple? 26:01 Where Is Anthropic? 28:33 Europe Is Cooked 29:41 China Is On Fire 36:01 Are We In A Bubble ------ RESOURCES Josh: https://x.com/Josh_Kale Ejaaz: https://x.com/cryptopunk7213 ------ Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures
