Index composition
65% measured · 35% opinion · method
Energy throughput Measured
30%
6.6
90%
Compute capacity Measured
20%
—
no data
Growth gradient Measured
15%
8.1
71%
Frontier acceleration Opinion
15%
—
no data
Builder velocity Opinion
12%
6.5
80%
Permission to build Opinion
8%
5.0
51%
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
6.6/ 10
Reported energy consumed: 134,861,314 GJ (FY2025) = 37.46 TWh/yr → 4.3 GW average → score 6.6, K = 0.363.
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 2.0 GW is reported but not scored.
Planned / under construction: 2,000 MW (2026) — shown, not scored.
Slope · weight 15%
Growth gradient
8.1/ 10
Compound annual growth: capex +60%/yr over 3y, revenue +16%/yr over 3y → score 8.1. Not available: energy (confidence reduced).
- Verified evidence
- PaymentsToAcquirePropertyPlantAndEquipment = 28,107,000,000 USD for fiscal year ended 2023-06-30 (10-K, accession 0000950170-25-100235) sec.gov · fetched 2026-10-10 ↗
- PaymentsToAcquirePropertyPlantAndEquipment = 44,477,000,000 USD for fiscal year ended 2024-06-30 (10-K, accession 0001193125-26-323660) sec.gov · fetched 2026-10-10 ↗
- PaymentsToAcquirePropertyPlantAndEquipment = 64,551,000,000 USD for fiscal year ended 2025-06-30 (10-K, accession 0001193125-26-323660) sec.gov · fetched 2026-10-10 ↗
- PaymentsToAcquirePropertyPlantAndEquipment = 115,948,000,000 USD for fiscal year ended 2026-06-30 (10-K, accession 0001193125-26-323660) sec.gov · fetched 2026-10-10 ↗
- +4 more in Reported figures