Index composition
65% measured · 35% opinion · method
Energy throughput Measured
30%
5.6
47%
Compute capacity Measured
20%
—
no data
Growth gradient Measured
15%
7.1
71%
Frontier acceleration Opinion
15%
—
no data
Builder velocity Opinion
12%
—
no data
Permission to build Opinion
8%
—
no data
Run history
Every published measurement, newest first. N is the run on the leaderboard now; failed attempts are not shown. Unranked runs show no Index; Δ and the Index trend compare ranked runs only.
A trend line appears after the second published run.
Joules · weight 30%
Energy throughput
5.6/ 10
Reported electricity consumed: 14,975,435 MWh (2023) = 14.98 TWh/yr → 1.7 GW average → score 5.6, K = 0.323. Electricity only (fuels not included), so this likely understates total energy. Sources disagreed by more than 25% for this period; confidence reduced.
Watts of thought · weight 20%
Compute capacity
—no data
No verified operating data-center capacity was found, so this category is unscored. Planned capacity of 6.6 GW is reported but not scored.
Planned / under construction: 6,600 MW (by 2035) — shown, not scored.
Slope · weight 15%
Growth gradient
7.1/ 10
Compound annual growth: capex +31%/yr over 3y, revenue +20%/yr over 3y → score 7.1. Not available: energy (confidence reduced).
- Verified evidence
- PaymentsToAcquirePropertyPlantAndEquipment = 31,186,000,000 USD for fiscal year ended 2022-12-31 (10-K, accession 0001326801-25-000017) sec.gov · fetched 2026-10-10 ↗
- PaymentsToAcquirePropertyPlantAndEquipment = 27,045,000,000 USD for fiscal year ended 2023-12-31 (10-K, accession 0001628280-26-003942) sec.gov · fetched 2026-10-10 ↗
- PaymentsToAcquirePropertyPlantAndEquipment = 37,256,000,000 USD for fiscal year ended 2024-12-31 (10-K, accession 0001628280-26-003942) sec.gov · fetched 2026-10-10 ↗
- PaymentsToAcquirePropertyPlantAndEquipment = 69,691,000,000 USD for fiscal year ended 2025-12-31 (10-K, accession 0001628280-26-003942) sec.gov · fetched 2026-10-10 ↗
- +4 more in Reported figures