Saturday, February 8, 2025

Trump: Most Transformative President Since FDR? Project Ludicrous -- February 8, 2025

Locator: 48511LDC.

I assume folks remember Stargate. Trump-supported $500 billion initiative to build-out AI centers across the US. By the way, this is very much like Jefferson's Louisiana Purchase, Andrew Johnson's purchase of Alaska from Russia, the FDR's Manhattan Project, JFK's space program, and Reagan's StarWars -- all huge efforts to take a commanding lead over the rest of the world in a national security arena. 

Abilene, Texas, link here, this is what we know so far:

Oracle founder and CTO Larry Ellison, who was at the announcement with OpenAI CEO Sam Altman and SoftBank CEO Masayoshi Son, said the first Stargate data centers are under construction in Abilene, Texas, according to businessinsider.com.
"We've been working with OpenAI for a while and Masa for a while.
The data centers are actually under construction — the first of them are under construction in Texas," Ellison said at the announcement.
"Each building is a half-million sq. ft. There are 10 buildings currently being built, but that will expand to 20 and other locations beyond the Abilene location, which is our first location."
Other details about Stargate are sketchy, according to businessinsider.com, although registration forms filed with the Texas Department of Licensing and Regulation matching Ellison's description of Stargate offer some insight.
The development is registered as "Project Ludicrous" at an address attached to the Lancium Clean Campus, according to businessinsider.com.
That's a 1,000-acre site in Abilene owned by energy tech company Lancium. Project Ludicrous' owner is listed as Abilene DC 1 LLC, an affiliate of data center development startup Crusoe. According to Texas state comptroller's records, Oracle occupies the data center owned by Abilene DC 1 LLC at the Lancium Clean Campus in Abilene.

Was this all foreshadowed back in July, last year? Link here. Note the byline for this story, San Francisco. That's incredibly interesting. 

Lancium Clean Campus, link here.

1100 acres. How big is 1100 acres? Almost two sections, each section being 640-acres.

More:

Construction on a building, a 482,000-sq.-ft. one-story "data hall" estimated to cost $292 million, began in June 2024 and is set for May 30, 2025, completion, according to businessinsider.com.
The plans also call for a guard house, fire pump building and mechanical and electrical enclosures. A second filing from September 2024 indicates that tenant improvements costing $140 million began in December and are expected to be completed by Sept. 15, 2025.
A second building, a 484,960-sq.-ft. "1-story data center" also estimated at $292 million, began construction in September and is expected to be completed in one year, the filings said. Tenant improvements expected to be completed by Dec. 24, 2025, are estimated at $384 million, businessinsider.com reported.
Lancium originally struck a development deal with the city of Abilene in 2021 for the Lancium Clean Campus. The site was first for powering bitcoin mines with renewable energy generation, although that never happened, according to businessinsider.com.
In November, Crusoe announced a $3.4 billion data center development on the Lancium Clean Campus, according to businessinsider.com. It said it had already fully leased the space to a "Fortune 100 hyperscale tenant," with occupancy expected to begin in the first half of 2025.

Data center map, link here:

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