In "Situational Awareness: The Decade Ahead", Leopold Aschenbrenner remarks that a tech company might buy an aluminum smelting company for its electricity contracts when discussing the need for immense power in AI training:
Probably the single biggest constraint on the supply-side will be power. Already, at nearer-term scales (1GW/2026 and especially 10GW/2028), power has become the binding constraint: there simply isn’t much spare capacity, and power contracts are usually long-term locked-in. And building, say, a new gigawatt-class nuclear power plant takes a decade. (I’ll wonder when we’ll start seeing things like tech companies buying aluminum smelting companies for their gigawatt-class power contracts.)
This is one of a series of markets on claims made in Leopold Aschenbrenner's Situational Awareness report(s):
Other markets about Leopold's predictions: