AI’s Biggest Bottleneck Isn’t Chips — It’s Power | $WULF | Paul Prager

Do AI data centers really drink the town dry? Not according TeraWulf (WULF) CEO Paul Prager. He says the majority now run on closed-loop systems that require one fill, then no more water for roughly ten years. In this episode of The Upside, Lou Basenese and the CEO tackle all the data center debate issues head on: water, power, noise, and why more regulations, not less are best. Then they get into WULF's business itself, including the $19 billion Anthropic lease in Kentucky, six bidders fighting over a single new site, why Prager won't buy one GPU, and why he thinks a real fallout in the space is roughly 12 months out.