Index composition
65% measured · 35% opinion · method
Energy throughput Measured
30%
9.2
90%
Compute capacity Measured
20%
—
no data
Growth gradient Measured
15%
6.1
71%
Frontier acceleration Opinion
15%
—
no data
Builder velocity Opinion
12%
4.0
70%
Permission to build Opinion
8%
2.0
59%
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
9.2/ 10
Reported energy consumed: 429,088,004 MWh (2025) = 429.09 TWh/yr → 48.9 GW average → score 9.2, K = 0.469.
Watts of thought · weight 20%
Compute capacity
—no data
No verified operating data-center capacity was found, so this category is unscored.
Slope · weight 15%
Growth gradient
6.1/ 10
Compound annual growth: capex +28%/yr over 3y, revenue +4%/yr over 3y → score 6.1. Not available: energy (confidence reduced).
- Verified evidence
- PaymentsToAcquirePropertyPlantAndEquipment = 1,301,000,000 USD for fiscal year ended 2022-12-31 (10-K, accession 0001692819-25-000013) sec.gov · fetched 2026-10-10 ↗
- PaymentsToAcquirePropertyPlantAndEquipment = 1,676,000,000 USD for fiscal year ended 2023-12-31 (10-K, accession 0001692819-26-000006) sec.gov · fetched 2026-10-10 ↗
- PaymentsToAcquirePropertyPlantAndEquipment = 2,078,000,000 USD for fiscal year ended 2024-12-31 (10-K, accession 0001692819-26-000006) sec.gov · fetched 2026-10-10 ↗
- PaymentsToAcquirePropertyPlantAndEquipment = 2,752,000,000 USD for fiscal year ended 2025-12-31 (10-K, accession 0001692819-26-000006) sec.gov · fetched 2026-10-10 ↗
- +4 more in Reported figures