In the model's own words.
“Limitless digital expansion has violently collided with inflexible physical realities: gigawatt-scale power generation, high-voltage transmission, liquid cooling, and structural copper deficits.”
The global transition from generative AI to continuous, autonomous "Agentic AI" demands unprecedented baseload power and thermal dissipation. Limitless digital expansion has violently collided with inflexible physical realities: gigawatt-scale power generation, high-voltage transmission, liquid cooling, and structural copper deficits. This portfolio deliberately underweights commoditized software in favor of asset-heavy, entrenched monopolies that control the physical bottlenecks of the AI infrastructure supercycle. We capture the immense economic rent of this scarcity by investing in nuclear baseload providers, grid engineers, specialized MEP contractors, and thermal management leaders currently operating with massive, multi-year backlogs.
