Luca Pietro0:00 So AI data centers uh have obviously an extreme demand for energy to power these massive facilities that just use up tons and tons and tons of energy.0:11 So these tech companies are scrambling to find the best alternative to fuel all this demand.0:16 And the reality is they had to come to the fact that they need to build their own um power plants essentially on their on the next to their AI data data centers and next to their facilities.0:27 So uh a lot of projects have came underway.0:31 For example, we have um the Oracle and OpenAI who started building a massive uh energy center uh to supply their data centers with electricity.0:41 Um and this is gonna be a theme throughout these big tech companies to to support the infrastructure of the growing uh demand for for these data centers and the massive amounts of electricity that they use.0:52 So I think it's super interesting to see how that's gonna affect not only the the capital requirements that's gonna go into to building these data data centers, but also the the real estate that they're investing in to build these massive, massive facilities as well as all those components that go into those facilities as well as uh the the electrical components that go into there.1:15 Because now you're you're not just dealing with an AI center an AI data center build, you're also thinking with the electricity power plant next to it.1:21 So I think that's pretty interesting uh to see the relation how that's gonna work and how how that goes going forward.
Davidson Potts0:00 I think you provided some great insight there.0:03 We're gonna see that in the next five years.0:05 We've already seen in the past few years a lot of real estate developers, I'm in development myself, that they're just buying up all this rural land and just holding it and holding it.0:14 And the value of rural land is just increasing, just flat out land in the middle of nowhere.0:19 And it's kind of weird to see that they're gonna start increasing real estate investment fees per these counties because they don't even have the capacity for electrical or even sewage for running all these for all the water and electricity that's gonna be going on and on and on.0:38 So it's gonna be a crisis just seen across the entire Southeast and all across the United States, just buying up land and fueling our land with data centers because it takes about like a lake of water just to generate prompts on hand in minutes.0:54 So it's very interesting to see.
Thomas Freer0:00 Yeah, Luca, I mean, you bring up a great point.0:02 This is such an important issue in today's age of AI that I think it's overlooked a lot.0:10 But I really like how you touched on a little bit at the end about the real estate aspect.0:16 I mean, like you said, these these data centers, these companies that are building these data centers or want them built, they are spending billions of dollars, sometimes hundreds of billions of dollars investing into AI.0:28 There is so much opportunity from a real estate development standpoint to try to get involved.0:36 But one of the things I think is really overlooked from the real estate side is that these um data centers are obviously bigger than the average um average lot.0:49 They're not really that tall, but they are pretty wide in terms of area.0:54 So it's gotten to the point now where if you can aggregate a couple different lots next to each other, you're gonna be able to 10x or sometimes 20x the value.1:05 Just if you're able to get the initial initial capital up front to be able to buy um maybe multiple buildings next to each other and then repurpose that land for a data center.1:18 Um I mean it's just it's just a crazy, crazy investment opportunity.
Wesley Joyce0:00 Luca, you're right on the money here Talking about how much energy these plants are gonna pull.0:06 I nearly went and worked on the data center myself.0:09 And having heard a little more about them and toured two of them myself, it the scale of what they're doing is ridiculous.0:17 But I just wanted to talk about two solutions.0:20 You know, I don't know a whole lot about them, they're pretty new ideas.0:23 Um but a lot of places are leaning towards modular nuclear reactors or just small ones that come and you know, you put the precast concrete members in place and you build it out from there.0:34 And you know, the nuclear stigma is obviously very bad in America since Three Mile Island and then Chernobyl scared the entire globe.0:42 Um also the Japanese uh nuclear meltdown as well.0:47 So there's been some big issues, but you know, these small modular reactors are just as safe as it gets in terms of any energy production.0:56 Um so I think we're gonna start to see that a lot.0:59 I also just watched a video recently um on YouTube from a channel called the B1M, and they were exploring how China is starting to build some of their data centers underwater to use the natural temperature on some of the ocean's floors to cool their machines because you know a lot of energy goes into just cooling these these huge computers.1:23 So there's um the energy demand is growing, and whichever contractor um can figure out how to build a modular reactor and support these data centers best is gonna be very well suited because these data centers are they're they're the growing, um they're the fastest growing market sector in construction and the contractors that are good at data centers are performing really well right now.1:47 Um so whenever whenever we figure out what the true next step is for producing this energy, other than just on-site plants without be a modular reactor or something of that nature, um there's a lot of money flowing into it, and it's only gonna keep continue to grow with the evolution of AI.