The Bottleneck Goes Public
SK Hynix has priced the biggest foreign listing in American history at $149 a share. The memory war we have tracked for a fortnight now has a market price. It reads as a verdict on who controls the inference economy.
Anthropic has signed a landmark 20-year, $19 billion lease with TeraWulf for the "Justified Data" campus in Hawesville, Kentucky. The 401-megawatt AI data centre, built on a former aluminium smelting site, is expected to come online in late 2027.
The AI gold rush is shifting from dazzling tools to industrial infrastructure. As inference becomes the engine room of finance, cyber security and enterprise decision-making, the real winners will be those that make intelligence fast, reliable, scalable and affordable, not merely impressive
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