Iceland

“So as soon as all the states start banning the data centers will just go to space, to Iceland, to Texas, to wherever.”

“We're doing quite a bit in Iceland where geothermal and hydropower is low cost, clean, and abundant. And we're able to sort of develop these large GPU clusters in Iceland powered entirely by clean energy.”

“Training a large language model is a far better manifestation of that trade where, you know, you can move data across subsea cables to get to a data center based in Iceland. You can run your back propagation and large scale pre-training on significant amounts …”

“For example, in Iceland, we have very, very long duration energy contracts with fixed pricing and a certain indexation. So we reflect that in the customer agreements.”

“We have hydrogen seeping out of the ground in the mid-Atlantic rift in the ocean, and that comes to the surface at Iceland, and there's a lot of hydrogen coming out of the ground in Iceland, so, so nobody questions that this reaction is happening over and over…”

“So I'm reminded of the videos they showed of the supercritical well that they produced in Iceland called IDDP-II. It basically produced black steam, and the reason it produced black steam is that it was producing the steel casing together with the steam. It wa…”

“Everyone has eight containers, so that ends up then with a total nominal capacity of, ah, 4000 tons of CO₂ per year that can be captured.”

“The facility we have in Iceland is, is much smaller. It's a 10th of the size of what we're building in, in Sweden. So the one in Iceland cost us roughly 15 odd million in, in, in Iceland.”