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Stock impact report

Google ex-CEO Eric Schmidt jumps into the AI data center business with a failed, 150-year-old Texas railroad turned oil giant [Fortune]

Texas Pacific Land Corporation (TPL) 
Last texas pacific land corporation earnings: 4/30 04:30 pm Check Earnings Report
US:NYSE Investor Relations: tpltrust.com
Company Research Source: Fortune
railroad turned oil giant to help him build enough power to light up 7 million homes. Recommended Video Schmidt's new Bolt Data & Energy is taking the one-stop shop approach for hyperscalers' land, power, and water needs for their data center campuses. Bolt has teamed up with Texas Pacific Land, a little-known oil and gas player with a long history and a $20 billion market cap that happens to offer 882,000 acres of West Texas land—more acreage than Rhode Island—with easy access to natural gas and renewable energy resources. Oh, and the company just so happens to have its own water services business for oil and gas that can translate to help for thirsty data centers as well. “Energy is the main constraint in scaling AI. If we want to keep America competitive, we have to solve this problem. Bolt was created to address this challenge,” Schmidt said in an emailed interview with Fortune . “We realized that combining my technical expertise with TPL's unrivaled land, abundant water, an Show less Read more
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