Kevin O'Leary's data center company pushes back on the 'bragawatt' label
O'Leary Digital CEO Paul Palandjian defends its AI data center plans, saying Bernstein's skeptical analysis misses confidential work.
O Leary Digital's CEO, Paul Palandjian, has responded to a Bernstein Research assessment that ranked his company low in the data center industry's credibility rankings. The analysis estimated that only 35% of the 15-gigawatt pipeline announced by O Leary Digital would come to fruition, ranking it among the lower-ranked projects.
However, Palandjian argues that the analysis overlooks critical work happening prior to construction, such as land agreements, permitting, engineering, and funding. He emphasized that the company's two campuses in Utah and Alberta are designed to generate their own electricity, bypassing the interconnection queues often faced by data center developers.
Palandjian highlighted that both sites have secure land deals, water applications, and licensing in place, and are not located near densely populated residential areas. He also stressed that his firm has the necessary financial backing and experienced team to successfully deliver the project.
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