
""Energy is the main constraint in scaling AI. If we want to keep America competitive, we have to solve this problem. Bolt was created to address this challenge," Schmidt said in an emailed interview with Fortune. "We realized that combining my technical expertise with TPL's unrivaled land, abundant water, and access to low-cost energy could create the infrastructure needed to meet the virtually infinite demand for compute.""
""Our platform begins with West Texas' abundant natural gas but is designed to transition to renewable and clean energy, with nuclear power also included in future plans," Schmidt said. "By integrating land, power generation, and data centers, we can create a scalable, resilient infrastructure capable of meeting the growing global demand for compute. Our goal is to ensure AI devel"
Bolt Data & Energy, founded by Eric Schmidt, will supply integrated land, power, and water infrastructure for hyperscale data center campuses in West Texas. The company has partnered with Texas Pacific Land, which controls 882,000 acres, access to natural gas, renewable energy resources, and an existing water services business. Bolt aims to convert abundant regional energy into scalable compute capacity sufficient to power millions of homes while transitioning from natural gas to renewables and planning for future nuclear. The platform targets resilient, large-scale infrastructure to support rapid AI growth and global competitiveness.
Read at Fortune
Unable to calculate read time
Collection
[
|
...
]