Trace every dependency T2C can evidence, and see plainly where the evidence stops.
Materials
the physical ingredients everything else is made of
Happened
Not tracked by T2C
What is this?
Wafers
the discs that chips are printed on and then cut out of
Happened
Not tracked by T2C
What is this?
Chips + HBM
the compute engine, with its fast memory bolted alongside it
Happened
Not tracked by T2C
What is this?
Photonics
it replaces electrical data movement with beams of light
Happened
Not tracked by T2C
What is this?
AI Factory
the data centre, from empty field to running machines
23 sites
6 operators tracked
What is this?
23 sites on file
Accepted
the customer has checked it works and agreed to take it
2 sites
Formally accepted by a customer
What is this?
2 sites on file
Revenue
the operator can finally record the money
2 operators
Have disclosed billing capacity
What is this?
2 operators on file
Every megawatt now billing depended on materials, wafers, chips and optics that were certainly made — you cannot bill for compute that was never built. T2C tracks 3 of 7 stages, the delivery end, where it holds sourced records naming who did what. The upstream stages are shown as completed but untracked: no supplier, order or shipment record sits behind them. What it would take to track them
Model families come from each customer's own published index. No operator or customer in this dataset has disclosed which model runs on which site, so T2C never attributes a model to a megawatt, a contract or a campus.
An AI safety and research company that trains and sells its own frontier models.
A cloud provider that buys capacity wholesale and resells it as GPU compute. It appears in this dataset as both an operator and a customer.
CoreWeave sells compute rather than models. Its purchase says nothing about which models run on the capacity, because that is decided by its own customers.
Runs Azure, resells frontier models built by others, and publishes model families of its own. Its capacity purchases serve both its own products and its cloud customers.
Designs the accelerators nearly everything in this chain runs on, and separately contracts for data-centre capacity of its own.
Trains its own models, releases the weights openly, and runs them across its own products.
1 further contract on file states no megawatt figure and is excluded from the total above.
Together they cover 1.01 GW. The operator disclosed the deal but withheld the counterparty, describing only its credit quality:
T2C does not guess which hyperscaler is meant. Naming one would be the easiest invention on this page and the hardest for a reader to detect. How this map is built
35 relationships · all confirmed
Operators building the data centres, the sites they are building, and the customers who have signed for the capacity.
Not yet tracked · no records
Optical transceivers and the interconnect fabric between racks.
Transceiver order, qualification and shipment records tied to a named product generation.
Not yet tracked · no records
High-bandwidth memory and the packaging that binds it to the accelerator.
Supplier qualification and volume-order records per memory generation.
Not yet tracked · no records
Grid connections, transformers, switchgear and the cooling plant that make a hall usable.
Equipment supplier records per site. T2C tracks the utility GATES today, but not who supplied the plant.
Every relationship T2C currently holds is confirmed — the company disclosed it in a document that is linked. There are no ecosystem or inferred edges on file, and none is drawn to fill the picture out.
4 customer relationships name no site. Where a company discloses a customer without naming the location, the edge stops at the operator — guessing the site would put a fabricated delivery date into everything downstream.
The same 35 relationships as the columns above, in a form that can be read, sorted and tabbed through.
| From | To | Type | Evidence |
|---|---|---|---|
| IREN | Childress, Texas | Confirmed | ↗ sec.gov |
| IREN | Horizon 1 (Childress) | Confirmed | ↗ globenewswire.com |
| IREN | Horizons 2–4 (Childress) | Confirmed | ↗ sec.gov |
| IREN | British Columbia sites | Confirmed | ↗ sec.gov |
| IREN | Spain | Confirmed | ↗ sec.gov |
| IREN | Bundey, South Australia | Confirmed | ↗ sec.gov |
| CRWV | US data centre estate | Confirmed | ↗ investors.coreweave.com |
| NBIS | Mäntsälä, Finland | Confirmed | ↗ sec.gov |
| NBIS | Kansas City, Missouri | Confirmed | ↗ sec.gov |
| WULF | Lake Mariner, New York | Confirmed | ↗ investors.terawulf.com |
| WULF | Justified Data Campus (Anthropic) | Confirmed | ↗ investors.terawulf.com |
| WULF | Muskie (Kentucky) | Confirmed | ↗ investors.terawulf.com |
| WULF | Chesapeake (Maryland) | Confirmed | ↗ investors.terawulf.com |
| KEEL | Sharon, Pennsylvania | Confirmed | ↗ ir.keelinfra.com |
| KEEL | Panther Creek, Pennsylvania | Confirmed | ↗ ir.keelinfra.com ↗ sec.gov |
| KEEL | Scrubgrass, Pennsylvania | Confirmed | ↗ sec.gov |
| KEEL | Moses Lake, Washington | Confirmed | ↗ ir.keelinfra.com |
| KEEL | Sherbrooke, Québec | Confirmed | ↗ ir.keelinfra.com |
| APLD | Polaris Forge 1 | Confirmed | ↗ sec.gov |
| APLD | Polaris Forge 2 | Confirmed | ↗ sec.gov |
| APLD | Polaris Forge 3 | Confirmed | ↗ sec.gov |
| APLD | Delta Forge 1 | Confirmed | ↗ sec.gov |
| APLD | Delta Forge 2 | Confirmed | ↗ ir.applieddigital.com |
| Horizon 1 (Childress) | Microsoft | Confirmed | ↗ sec.gov ↗ globenewswire.com |
| Horizons 2–4 (Childress) | Microsoft | Confirmed | ↗ sec.gov ↗ globenewswire.com |
| IREN | NVIDIA site not disclosed | Confirmed | ↗ sec.gov |
| IREN | Other AI developer contracts site not disclosed | Confirmed | ↗ sec.gov |
| CRWV | Aggregate revenue backlog site not disclosed | Confirmed | ↗ investors.coreweave.com |
| NBIS | Meta Platforms site not disclosed | Confirmed | ↗ nebius.com |
| Justified Data Campus (Anthropic) | Anthropic (Justified Data Campus) | Confirmed | ↗ investors.terawulf.com |
| Polaris Forge 1 | CoreWeave (Polaris Forge 1) | Confirmed | ↗ sec.gov |
| Polaris Forge 2 | Investment-grade hyperscaler (Polaris Forge 2) | Confirmed | ↗ sec.gov |
| Polaris Forge 3 | High investment-grade hyperscaler (Polaris Forge 3) | Confirmed | ↗ sec.gov |
| Delta Forge 1 | High investment-grade hyperscaler (Delta Forge 1) | Confirmed | ↗ sec.gov |
| Delta Forge 2 | High investment-grade hyperscaler (Delta Forge 2) | Confirmed | ↗ ir.applieddigital.com |