Big tech is spending around $810 billion on AI infrastructure this year, going by the slide Jon showed at Exploit. The money keeps coming.
About SN64 Chutes
Chutes@chutes_aiBig tech is spending around $810 billion on AI infrastructure this year, going by the slide Jon showed at Exploit. The money keeps coming. Power is the harder part. In July, one transmission fault in Ashburn, Virginia knocked more than 3 GW of data center load off the grid at once. Parallax trains on ordinary GPUs spread across lots of places, so it doesn’t need one giant building plugged into one stretched grid.
SN64 Chutes at a glance
SN64, Chutes (α token ش), is one of the independent markets on the Bittensor network, each with its own α token and its own price. Its α currently trades at 0.061348 τ (≈ $13.37), against 192,061 τ of pool liquidity. On-chain, the best-delegated validator on it yields about 36.18% APR (simple) and 43.59% APY (compounded), emissions add 0.007926 τ to the pool each block, epochs run every 360 blocks. It was registered at block #4,531,295.
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More from SN64 Chutes
Taosis indexes announcements, articles, posts and releases about Bittensor subnets from their own channels and keeps a record of each. The text above is the source’s; the figures are read from the chain by Taosis.