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Another interesting AI pivot. Xeal — which operates EV charging network in 1,600 properties across US (upscale apartments & retail) — will raise $2B to build Nvidia GPU server pods and provide compute. Its utility contracts allow 24 hours daily use, but utilization only 10%. Overall, Xeal has 200MW permitted and its unused capacity is equal to 130,000 homes (or 110,000 Nvidia GPUs running non stop). The compute network is called Laitent and each pod will have 48 Nvidia Hopper of Blackwell…

