it is 600mwh dischargeable storage. it produces power at 60mw rated, 65mw peak. It is 50% efficiency range. At this demo size it is $131/kwh storage cost (including all compression/turbine costs). It could be lower at higher storage size, where storage is half the cost of deploying extra batteries. Sure, this is a poor article on the project.

is that the alternative to messing up the dev environment? Fkjing hate when that happens.

Also made energy investments/sales timed to match TACO and threat events. We only have disclosures up to June.

it makes it easier for cloud services, though these will remain competitive. It makes it easier to escape the cloud too, or to directly rent GPU VM spaces.

This is more likely downward pressure on the stock. Not commenting on jail time, but this is showing holes in maintaining their extortionism, and its likely to bring down sales and margins.

This needs a huge amount of energy surplus to provide enough in the summer

Yes, but you need huge summer surplus solar to provide baseload in winter too. Ammonia in great lakes/mid west region market price is very profitable from solar production in the area.

using ammonia for heat/energy is in direct contrast to using it using it for the market isn’t it?

It’s more about making unlimited ammonia and still having a use for it for someone in the world in some season.

My guess would be anything green H2 will be too high demand and expensive to use as a fuel

Solar based baseload pricing can work at 2c/kwh daytime summer, and 15-20c/kwh daytime winter. Where legacy plants are kept around for 2 months of the year. But Ammonia is competitive to make/store for the winter and deliver power at around that cost, especially through home/V2H fuel cells, but also at higher backup power pricing. You need ammonia winter reserve for spring sales anyway.

The situation described in the report saw NVIDIA on the hook for an “avalanche” of GPUs from TSMC, for which it would have no immediate buyers. Part of the issue highlighted by Kress was also that these small-scale cloud providers NVIDIA was investing in could not afford to buy NVIDIA GPUs, meaning they, too, could be a financial dead end.

This is big. Nvidia also didn’t show up in last few weeks for OpenAI’s financing desperation. There were bigger 5090 shortages this summer, as rumour that datacenters were being built around them, after rtxpro shortages.

Nvidia circular financing started off the bubble. But it needs new bagholders, and its sales/extortion power plummets as its investments fail. OpenAI failure brings down the industry financial backers, though it makes GPUs/RAM cheap again.

because they produce their own grey H2 in the process of making ammonia? yes.
By market, I mean most H2 is sold under contract next door to an ammonia plant instead of “marketed”. Ammonia has direct farming application use, as well as input to solid fertilizer. It’s also the most practical green energy trade/longer term storage molecule.

Physicists cooled it to about half a degree Fahrenheit (0.3°C) above absolute zero

The reading level goes up from here, but I got stuck on how many giraffes Kelvin is that?

You people get to learn about US empire abuses by being shocked, SHOCKED!, that corruption is going on, and everything is theater. Getting rid of Lutnik is a great first step, but this is pure Trump. The bullying of everyone other than Russia and China isn’t so much Trump being their secret agent, but buying permission for other bullying.

Nvidia, Lutnik, Trump knew all along that a lot of Nvidia chips get used in datacenters with Chinese access, and pure corruption of everything you hold holy is indeed the conspiracy. Some of these are legal in US. This can/should be used to bring down Trump. ASML/Netherlands should declare all sanctions are BS. But core dementia that all US future wars are normal, is the logic behind attacking Trump gang on this.

This implementation is first sensible path from battery systems price drops.

not the best article, but this shit is awesome! 600mwh is a demo project in China.

This matches battery deployment costs in china if the compressor is half power. It is cheaper with more storage. Batteries don’t scale much lower in cost with more of them. So, if you need want an extra 600mwh+ of storage that can charge slower than batteries (but at the same time) then this is perfect.

Solar in southern Canada needs H2 electrolysis in summer to provide baseload in winter. Lots of storage needed to run baseload+electrolysis 24/7 in summer, and winter resilience. This tech is only 50% efficient, but current market for pure H2 is minimal, and Ammonia production is both its main use, and a massively larger market. Also, ammonia is massively larger volumetric energy density, and easy to store. A giant solar farm in Canada can pair with electric haber bosch plant to produce ammonia from green H2, and LAES can provide pure N2. (Pure O2 is also separated by liquifaction). Haber Bosch plant can also provide even higher waste heat than its 200C pressured water extraction, boosting LAES efficiency.

This is also an energy storage abundance path with different skillset than batteries…

Just as DoD harrassed ANT over full skynet permissions, you don’t need old money/old politician control vectors, the bond villains just need to understand that life is easier (well paid) for them if they cooperate with skynet.

If OpenAI stops training new models, they will make a lot of money right now, and then nothing in 3 to 6 months from now.

A problem the 2 big labs have, with OpenAI the bigger problem, is forced compute leases. The training is basically free because they have way too much GPUs already rented.

Very important he wins. Single most important issue is government shutdown power (dec 11th deadline) where Van Hollen is dedicated to force defunding of Iran war through it. Schumer is for Iran war, and has not committed to weaponizing budget. You can’t get to “affordability mandate” without it.

Jensen supported Palantir significantly. Israel/her influence was already strong at Nvidia. Maybe Lebanon/Iran should be suspicious if they are taken off GPU sanctions list, though. (yes, that is a pager reference).

$10b revenue for quarter ($40b annualized), with claim of $50b annualized for september (not october claimed in OP)

It is also having massive fundraising problems, getting $11b-$15b out of targetted $30b, covering about 1 quarter of losses ($10.5b this quarter up despite about 50% revenue growth over last quarter). It’s forced compute spending increasing a lot next quarter, and then it pays Oracle $15b/quarter extra for compute in 2027. It’s optimistic gross margins on inference at the end of the year were 50% even as they cut prices.

Industry growth is slowing overall. OpenAI would need to average 20.3% revenue growth/quarter to break even at end of 2029. That is higher than their projected 2029 revenue, which with $250b/year in forced compute purchases then, would still leave them burning $70b/year.

There’s no obvious escape for OpenAI.

Tighter US restrictions on chip exports to China

This can happen just because everyone (NVIDIA, Lutnik, Trump) pretends to be shocked that so much sales to Singapre/SEA region, while knives go out for 2028 election for them. Still, just as China told US to fuck Bessent’s mother over Iran economic sanctions, China will tell US to eat different shit if they want to get uppitty over this.

AI chip supply and development disruption in the US

This is unlikely. Any reduction in flows to China/SEA is more supply available for rest of world.

China overtaking the US in the AI race

This happens indepently. Nvidia chip advances since H200 are minor at signficantly higher deployment costs. Chinese hardware advances at very high pace. Software at cost points has passed US releases in last 2 months. Though recent US releases have passed those. Open, customizable releases on generic hardware are far ahead, and are solid advantages, compared to sharing data with companies financed well enough to compete in other software/research businesses, or to help skynet spy on you.

It’s Desantis/Florida anti-diversity laws.

Jensen instrumental in price extortion policy of industry, and fraud as to both promoting social overspending, and that the tech leads to broader shared prosperity. Since early 2025, every quarter, datacenter sales of Nvidia chips have been well over announced western client datacenter capacity (sovereign and replacement sales would explain part of this, as would hoarding), and flow to China was likely happening. Plenty of legal SEA datacenters with 90% of traffic routed to China too.

None of this was harm to Nvidia. It’s harm to rest of us through extortionist pricing. Trump corruption is a factor here, but the war on Iran is too. War on Iran needs China’s permission.