accelerate .

Can't wait to use agentic computational game theory to destroy CoopHive founder Levi Rybalov in Catan Is this adding value?

Working on something delicious... hope you like isotopes Ping Kelly Greer for distro

what do the rare earths and nuclear fuel market have in common US adversaries control them bc the US regulated itself out of competition & stopped investing in enrichment and refinement and now our adversaries are pulling the chokehold on both invest in onshore materials

Her name is Kelly Greer. She likes rocks. Follow her 🫳Kelly Greer cruciblecapital.substack.com/p/welcoming-ke…

👀 nuclear fuel markets piece dropping end of month Crucible Capital

absolute supply reshoring gg by China on track to high purity quartz sovereignty ie the key to the semiconductor that America holds in Spruce Pine (90% of global supply)… while China embargo us out of germanium and gallium BRING BACK ONSHORE MATERIALS + FUEL

1/ Crucible Capital Q1 VC report, sharing for those curious about the process of investing. we use Attio. sourcing - we get a LOT of inbound, mostly on this site and LinkedIn. we only track investable deals in our mandate and valuation range. this is why we write / post!

Riddle - ERCOT 2030 power forward prices are +25% over the past 3 years while datacenter peak load forecasts for 2030 have 4x'd over the last year alone ERCOT forecasts 70 GW of added load through 2030 from datacenters but the market suggest a lower growth rate. A riff:

yesterday, the entire Iberian grid simply switched OFF (Spain and Portugal) - thats like turning off TWO NYISO's (the grid that powers all of New York City and the surrounding state) ...

the Crucible Capital thesis is simple: AI + grid software = intelligent, adaptive, resilient infrastructure. As the blackout showed, this isn’t optional anymore. If we don’t modernize the grid, it will break.

nice little chat with Will Foxley on The Mining Pod about why we Crucible Capital are focused on aggregating the periphery of equipment backed finance rather than taking down gpu financing at scale

1/ Crucible Capital is co-leading an investment into Nirvana Labs with the prolific builders at Jump Crypto 🔥💃🏻 Nirvana is building next-gen infrastructure from silicon to network, reducing reliance on hyperscalers and dramatically lowering compute, storage, and bandwidth costs

LET THEM COOK congrats to our portfolio company Mira sign up for their flagship app, Klok, and earn points when you ask anything and everything💡klokapp.ai

the Crucible Capital x StandardNuclear fuel report is COMING real soon imagine what happens when Meltem Demirors and i collab with two nuclear physicists on a 30 page report we go off on how the US fu*ked itself and how we plan to fix it and we make funnies bc we cant help it

Cembalest reiterated his bearish view on SMRs from his Heliocentrism piece on Odd Lots which was a great listen. he claims: 1. we've built no SMRs in the US to date 2. Chinese and Russian SMRs saw significant cost overruns and delays 3. unlikely this tech can be commoditized to

another big front of meter nuclear deal AWS buys 1.92 GW from Talen after Meta bought 1.1 GW from CEG both estimated at mid $80s/MWh, a 60% premium to PJM pricing while behind the meter regs drag along, hyperscalers are paying up to secure decades of nuke power more to come

Meta’s new “tent” data centers ⛺️ have no diesel backup, just prefab modules and lightweight structures to get AI compute online fast. They will need workload management to maximize the utilization of every watt of power, esp on hot days. [insert Crucible Capital portcos here!]

🚀 New project alpha alert: ⏻ (165 followers, account created 3 months ago) Description: "the currency of the compute economy backed by @cruciblecap + @montaukcc we are hiring" Visit web3alerts.app for more alpha :)

beyond cool — GE Vernova is repurposing jet engines (run in reverse!) as power turbines to generate low-carbon energy for AI compute. 29 of them are going to @CrusoeEnergy to supply nearly 1 GW of electricity to Crusoe’s AI data centers.