A data-center operator may seek to rent capacity to Anthropic or OpenAI for roughly ten times the facility's depreciated construction cost.

“even at the data center level you know if you're built if you like build a data center and you're like trying to get rented out to anthropic or open ai for like 10x what it costs you in a depreciated basis to build it it's fucking crazy um and so you turn one dollar into like two dollars or ten dollars or something at the end of the year that raises the rate of interest higher now if the rate of interest goes higher”