Oli retweeted
Stranded compute = GPUs with no power to run them.
The winners have a repeatable build-out design and secured grid connections.
Am I the only one who sees this as bullish for $IREN?
Oli retweeted
Chamath: "Neoclouds are disorganized and poorly capitalized. Some are definitely better than others however."
A month ago, he named $IREN and $NBIS among the economic winners of the next 12 months.
I wonder which neoclouds he is referring to?
As someone with a portfolio of energized land assets here is what I am seeing:
1. Neoclouds are disorganized and poorly capitalized. Some are definitely better than others however.
2. Hyperscalers are intractable, bureaucratic organizations that take 3 months to do an NDA and want 18mo escrow periods. We built our portfolio by competing against these terms because of our speed and simplicity. The more future assets orgs like ours win, the bigger the problem for the hyperscalers downstream (see 3).
3. There are delays in the existing pipeline that will catch people off guard in 2027. Hyperacalers will (obviously) react by focusing on their own internal compute needs over any third party. If the third party is a model company, they will tell them to go through their model router where they will also take a non-trivial vig. Them telling Ant they have no compute for them (rumored in Ant’s S-1) if true is a huge tell that this is already happening.
All of this is to say that it does look like there will be a lot of partially stranded compute and compute sitting in inventory in 2027 than is currently forecasted. This is bought and paid for but effectively underearning (below total cost of capital) or collecting dust. We see this as true for everyone - model companies, hyperscalers, neoclouds except ONE (you can guess which one).
This dislocation will benefit two kinds of orgs: the non-bureaucratic big scalers who can build industrial scale quickly and the nimble, well capitalized players feeding them.
2027 will be a turbulent year because it will clear out a bunch of wrong/bad bets. It will also be a consolidation year for a few.
Oli retweeted
If pay is your only incentive, quit X.
You've got to enjoy it and be working towards something bigger.
My goal on X is to build two things:
1. A credible brand
2. An expanded network
A network gives you insight and contacts.
A brand gives you a platform to monetise through a service or product.
What are you building towards on X?
Oli retweeted
March 2026 gave you this:
$MU $321.80 → $1,255 | +290% | 3 months
$CRDO $87.81 → $308.67 | +252% | 3 months
$NBIS $92.26 → $299.86 | +225% | 3 months
$BE $119.51 → $351.28 | +194% | 3 months
$IREN $31.62 → $64.05 | +103% | 2 months
$VRT $234.22 → $379.94 | +62% | 2 months
Is October 2026 giving you a second chance?
Oli retweeted
Yesterday: Nvidia named $IREN as already using Minerva.
Today: IREN is launching it on IREN AI Cloud.
IREN is partnering with NVIDIA to launch Minerva, NVIDIA’s new AIOps platform, on IREN AI Cloud.
Our VP of AI Cloud, Jason Forrester, joins NVIDIA’s Gilad Shainer and 650 Group’s Alan Weckel to explore how IREN’s approach to AIOps enhances visibility, strengthens operations and keeps compute productive.
Watch the conversation: youtu.be/MWVjiWYs1sw
Oli retweeted
$IREN: I've watched this interview multiple times so you don't have to.
Here are the key points Dan made:
> Demand is still there: Jensen's 34x increase in token demand this year
> Reiterated quadrupling operating revenue: ~$1B today → $4B over the next few months
> 2027: customer conversations covering multiples of all the capacity IREN can bring online
> Key priority: how much of the build-out customers can be made to fund
> 2027 and 2028 capacity: effectively sold out. "Any GPU you can bring online, you have got multiple people all wanting it."
IREN’s @danroberts0101 speaks to @ArjunKharpal about AI financing and demand on CNBC.
Watch the full interview.