01 / Project research · Memphis, Tennessee
Colossus I
Site capital and installed hardware, with a separate analysis of Anthropic’s broader compute-services agreement.
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Project and company research / by BitBrainsAI Buildout
AI Buildout
Tracker
Research on the capital, infrastructure and compute agreements behind the AI buildout.
Research dossiers / October 2026Historical site aerial · 2021 · before AI conversion Year-end IT capacity / GW 
02 / Company research · Meta Platforms
Meta Platforms
Company CapEx, the scheduled compute pipeline and lifetime capital allocations across tracked projects.
Read the research ↗03 / Special situation · CoreWeave
CoreWeave
Contract-backed financing, lender protections and the risks that remain with the parent.
Read the research ↗04 / Special situation · Nebius
Nebius
Customer commitments, funding and creditor protections, with the execution risks that remain.
Read the research ↗05 / Special situation · Nscale
Nscale
Customer conditions, usable funding and project protections, with the financing and delivery risks behind the expansion.
Read the research ↗06 / Comparative research · Neocloud credit
Neocloud default risk
CoreWeave, Nebius and Nscale: how contract protection, funding pressure and delivery risk could reshape the AI buildout.
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