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Timeline · 2006 → 2030

How we got here.

Every milestone that shaped the AI data center industry, from Amazon's first EC2 instance to Meta's Hyperion coming online. Announcements, groundbreakings, silicon drops, nuclear deals — all on one spine.

Infrastructure Silicon Policy & Energy Finance

2006

Infrastructure

AWS EC2 launches

Amazon

Public cloud compute is born. First EC2 instance = 1 vCPU. Foundational — every modern AI lab grows on top of this.

2009

Infrastructure

Facebook Open Compute Project begins (internal)

Meta

Facebook designs its own servers + opens the specs in 2011, forcing server industry toward vendor-neutral, efficient designs.

2012

Silicon

AlexNet wins ImageNet on 2 GPUs

Two NVIDIA GTX 580s beat CPU-based approaches by ~10 percentage points. The moment GPU + deep learning fuse.

2016

Silicon

Google TPU v1 in production

GoogleTPU v1

First custom AI ASIC at hyperscale. Powers Google Search ranking + Translate.

2017

Silicon

Attention Is All You Need — Transformer paper

Architecture that every modern LLM uses, published by Google researchers. Changes what compute workloads look like.

2020-05

Silicon

GPT-3 released — 175B params

~10K V100s

First publicly-visible sign that scale alone produces capability jumps. Training cost estimated at $4-12M (cheap in retrospect).

2022-03

Silicon

NVIDIA H100 announced

NVIDIAHopper

3.35 TB/s memory bandwidth, 700W TDP. Becomes the workhorse of the 2023-2024 training era.

2022-11

Policy & Energy

ChatGPT launches

100M users in 2 months. Triggers the AI infrastructure arms race everyone is still in.

2023-06

Silicon

AMD Instinct MI300X announced

AMDCDNA 3

First credible non-NVIDIA competitor at hyperscale. 192 GB HBM3. Microsoft, Meta, Oracle place orders.

2023-08

Finance

CoreWeave $2.3B debt raise

CoreWeave

Debt-financed GPUs at massive scale. Proves the neocloud model — GPUs as bond collateral.

2023-11

Policy & Energy

Google + Fervo geothermal PPA signed

Google115 MW

First large hyperscaler geothermal deal. Fervo enhanced geothermal in Nevada.

2024-03

Silicon

NVIDIA Blackwell (B200) announced

NVIDIAB200 + GB200 NVL72

Dual-die GPU, 192 GB HBM3e, 1000W. First rack-scale system (NVL72) with 72 GPUs in one NVLink domain.

2024-03

Policy & Energy

AWS + Talen Energy $650M deallive

AWS960 MW

AWS acquires Cumulus data centers adjacent to Susquehanna nuclear plant — behind-the-meter nuclear power.

2024-07

Infrastructure

xAI Colossus 1 online — 100K H100 in 122 dayslive

xAI150 MW → 250 MW100K → 200K GPUs

Fastest gigawatt-class build ever. Broke records on site prep, substation build, and rack install. Powered partly by on-site gas turbines.

Read the case study →

2024-09

Policy & Energy

Microsoft + Three Mile Island dealplanned

Microsoft835 MW

20-year PPA to restart TMI Unit 1 reactor. Targeted online 2028. First nuclear restart explicitly for AI load.

2024-09

Infrastructure

Stargate Abilene — construction beginsbuilding

Oracle × OpenAI × SoftBank × MGX450K GB200 (planned)

Crusoe breaks ground on the 1,000-acre Lancium Clean Campus. First 2 buildings live by Sept 2025.

2024-10

Policy & Energy

Google + Kairos Power SMR dealplanned

Google500 MW

First small modular reactor deal at hyperscale. Target: ~500 MW by 2030 from Kairos SMRs.

2024-11

Silicon

NVIDIA H200 shipslive

NVIDIAH200

Drop-in H100 replacement with 141 GB HBM3e (vs 80 GB). Same TDP, 43% more memory bandwidth.

2024-12

Infrastructure

Meta Hyperion Louisiana announced (originally $10B)building

Meta2 GW initial

Richland Parish 2,250-acre campus announced. Entergy Louisiana builds 3 gas plants. Becomes 'the Hyperion problem' for state ratepayers.

Read the case study →

2025-01

Infrastructure

Stargate Project announced on national TV

OpenAI×Oracle×SoftBank×MGX

Trump White House press conference. $500B by 2029. 10 GW target. Biggest AI infra commitment in history.

Read the case study →

2025-03

Finance

CoreWeave IPO at $23B

CoreWeave

Raises $1.5B at $23B valuation. Validates the neocloud model at public-markets scale.

2025-06

Silicon

NVIDIA acquires Run.AI for $700M

NVIDIA

GPU fractioning + scheduling for K8s. Tightens the NVIDIA vertical stack.

2025-09

Infrastructure

Stargate Abilene Phase 1 livelive

Oracle (for OpenAI)200+ MW ITGB200 NVL72

First 2 of 8 buildings operational on Oracle Cloud Infrastructure. 980,000 sq ft.

2025-10

Infrastructure

Project Rainier activated — 500K Trainium2live

AWS (for Anthropic)Multiple buildings~500K Trainium2

World's largest non-NVIDIA AI cluster. 7 of 30 buildings online near New Carlisle, Indiana. Built in 7 months from groundbreaking.

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2025-11

Silicon

Anthropic announces Google TPU deal

Google × AnthropicUp to 1M TPU v5/v6

Multi-cloud AI factory — Anthropic commits to up to 1M TPUs + 1+ GW of new Google-operated compute.

2026-01

Infrastructure

xAI Colossus 2 online (Southaven MS)live

xAI495 MW (27 turbines)

Second campus with ~27 gas turbines. Targeting combined 2 GW across Memphis + Southaven by end-2026.

2026-01

Policy & Energy

EPA closes 'portable turbines' loophole

New Source Performance Standard revised. Gas turbines require permits even for temporary operations. Directly responds to Colossus controversy.

2026-03

Infrastructure

Stargate Abilene capped at 1.2 GW

Oracle × OpenAI

Grid constraints prevent 2 GW expansion. Microsoft leases adjacent 900 MW at Lancium. Neighbors, different strategies.

Read the case study →

2026-03

Infrastructure

Stargate adds 5 new sites (~7 GW total)

OpenAI × Oracle × SoftBank

Five new US sites announced — $400B+ of the $500B 10 GW commitment. Pivot to NVIDIA's Vera Rubin platform for new capacity.

2026-04

Policy & Energy

Entergy LA approves 7 more Meta gas plants

Meta+5,200 MW

Louisiana PSC greenlights expansion. 10 gas plants total for Hyperion. Louisiana Energy Users Group protests.

Read the case study →

2027

Policy & Energy

xAI gas turbine permits expire (Memphis)planned

xAI

Plan: replaced by two MLGW substations + 500-acre solar farm + expanded Tesla Megapack storage.

2028

Policy & Energy

Microsoft-TMI Unit 1 target onlineplanned

Microsoft835 MW

Three Mile Island restart completes. First grid-tied nuclear specifically contracted to AI loads.

2029

Infrastructure

Stargate $500B commitment full deploymentplanned

OpenAI et al.10 GW

Public target for completion of $500B commitment across all Stargate sites.

2030

Infrastructure

Meta Hyperion fully operationalplanned

Meta2 GW → 5 GW

Richland Parish campus at full design capacity. First nuclear MOU due for development.

2030

Policy & Energy

Microsoft net-zero deadlineplanned

Microsoft

Self-imposed carbon-negative + water-positive + zero-waste target. 2024 report showed emissions UP since 2020 due to AI.

Want to go deeper?

See the full case studies of the named projects, or read Lesson 11 · Economics for the finance mechanics behind the 2024–2027 capex supercycle.