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The Data Center Wants Your House + AI Money Goes Quiet, Anthropic's S-1 & Florida's Tax Vote | Ep. 37
Send us Fan Mail π CONNECT WITH DEVIN π Foresight CRM: (30-day free trial) π οΈ Free Starter Skill Pack: πΌ LinkedIn: Real estate agents are going door to door in Southaven, Mississippi, offering to buy homes at market value for a subsidiary of Elon Musk's AI company. The condition is that owners can't join the class-action lawsuit over the noise from the 69 gas turbines powering its data centers.
A realtor put the target at 418 homes, and county records show five already sold. On Tuesday, 34 data center measures are on local ballots, five Ohio towns are voting on outright bans, and OpenAI is getting ready to start calling data centers "AI compute campuses." I walk through what it means if you own property anywhere near one.
In the headlines: the two big AI super PACs spent $50.7 million in the primaries and then mostly went quiet before the general election. OpenAI cut its fundraising target from about $30 billion to up to $20 billion, the same week Anthropic filed to go public, and I read the S-1 so you don't have to.
ChatGPT and Claude both changed their plans. And an OpenAI-backed holding company is buying ADT.
In real estate, Florida votes on an amendment that cuts the yearly cap on assessment increases for rentals from 10% to 5%, and last quarter data center construction grew at a 127% pace while home building shrank. This week's quick lesson: how I had Claude Code make my website update itself every time an episode publishes, and how to do the same with any page in your business you still update by hand. π― KEY TAKEAWAYS If you own or buy within a few miles of a data center, or a proposed one, put it in your due diligence.
Check the county planning agenda and the ballot for what's getting built and what's going to power it. Read what you're giving up besides the house.
If an offer carries a condition like the one in Southaven, have an attorney read it before anybody signs. Read the filing, not the headline.
Anthropic's $80.7 billion first-half loss is mostly a $72.4 billion accounting charge, and it made $1.0 billion in operating income in the April to June quarter. Your AI subscription works like a month-to-month lease.
OpenAI is pooling ChatGPT and Codex usage, and Claude's top plan is now called Ultra. Check your usage page before December.
Pick one page or report you update by hand, write one sentence about where the information lives, and hand it to an AI coding tool. Keep the approval with you. β±οΈ TIMESTAMPS 00:00 Today on AI with REI 01:02 Intro 01:26 The AI money went quiet before the midterms 04:25 OpenAI cuts its raise, Anthropic files to go public 06:19 ChatGPT and Claude change their plans 07:44 An OpenAI-backed company buys ADT 09:09 Housing on the ballot: Florida Amendment 3 and more 10:45 GDP: data centers up 127%, home building down 11:42 Main story: The data center wants your house 19:00 Quick lesson: make your pages update themselves 21:39 Close π€ SPONSOR Foresight CRM, the CRM hub for off-market work.
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