Find XO: The Era of Cheap, Free Compute Is Over; Power Has Become the Ceiling for AI Businesses (techcrunch.com)

- The US FERC ordered in June that AI data center grid connections must be processed within 90 days, with the condition that applicants either bring their own power or reduce demand. - There is currently 2.2TW stuck in the connection queue, and more than 30 states have introduced regulatory bills. - The real bottleneck for compute has shifted from chips to power. - Let's calculate now the price and usage limits that can be sustained even if inference costs double.