Peter Thiel's Fund Bets on AI Power Needs with 418.7 Million USD Holdings
Prefer us on Google
Peter Thiel's hedge fund, Thiel Macro LLC, disclosed a significant investment in AI's power requirements in its latest SEC filing, reporting eight holdings valued at 418.7 million USD, with Amazon (AMZN) as its sole technology position. This quarterly 13F filing indicates a shift towards electricity generation, seen as a critical resource for AI development, after reporting zero holdings in the previous two quarters. Amazon constitutes 28.2% of the portfolio, with a 118 million USD stake acquired in Q2. Additionally, Amazon has increased its 2026 capital spending plan to 220 billion USD, primarily for cloud and AI infrastructure. The fund's other positions focus on power generation or distribution, with Vista Energy (VIST), an Argentine shale producer, holding 18.1% at 75.9 million USD. Thiel's relocation to Buenos Aires aligns with this investment. Vistra (VST), a nuclear-capable power generator, accounts for 14.1% of the portfolio, with a 59.1 million USD position rebuilt this quarter. Four regulated utilities—American Electric Power (AEP), DTE Energy (DTE), FirstEnergy (FE), and CMS Energy (CMS)—each represent 9% to 10% of the holdings. Nuclear developer X-Energy (XE) makes up less than 1%. Collectively, the six non-Amazon holdings comprise nearly 72% of the fund's assets, reflecting a strategic focus on electricity rather than chips as AI's next critical resource. The filing covers positions through June 30 and was submitted on August 14.
-- Price
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like
Blockstream Validates Existing Hardware Wallets for Quantum-Resistant Signature Schemes
Cathie Wood and Bernstein Expect Rise for Circle
GE Vernova Launches Medium Voltage UPS for AI Data Centers
Monad Co-Founder Achieves End-to-End Encryption for BTX on Two Nodes
Lei Jun Unveils the Xuanjie O3, O100, and D100 Chips
Ukraine to Hold Three 'Green' Auctions for 850 MW
Meta Launches AI Coding Tool Muse Code, Reduces Token Usage Fees by 80%
Tencent Restructures AI Gaming Team, Integrating ARC Lab and Game AI Teams
Katis Signs Supply Contract for AI Security Screening Solutions with SeeTrue
Dali Light Transitions to Direct Supplier in NVIDIA's Optical Communication Supply Chain
Link Solution Launches Defense and Aerospace Center in Daejeon
SK Hynix Introduces Advanced Packaging Technology to Advance Next-Generation HBM Solutions
Alpha Chips Expands ASIC Orders in the U.S.
eCash Processes 25,092 Blocks in 13 Hours
Flipkart Minutes Surpasses 1,000 Logistics Hubs in India
Google Partners with AMD to Develop 10th Generation TPU with Integrated CPU Cores for AI Computing Needs
Anthropic Adjusts AI Model Misalignment Risk Assessment to 'Low'
Anthropic Announces Application of Invisible Watermark to Claude Text Generation
NVIDIA Holds Approximately $21 Billion in SpaceX Shares
web3: Z.ai Releases GLM-5.3 Programming Model Targeting Open Source Weight Market
AMD Supports Local Operation of Alibaba's Qwen 27B Model
Qwen 3.8-27B Surpasses Muse Glimmer, Approaches Claude Opus 4.6
Mixedbread Unveils Search Agent Toast 1
LG Electronics Plans to Launch Next-Generation Humanoid Robot in 2027
Lin Junyang Reveals Business Direction of AI Startup Pragmatik Labs
SUI Co-founder Pushes for Mass Production of Quantum-Resistant Wallet Cards Under $10
Bitcoin Could Turn Wasted Energy into Revenue for Ireland and Ukraine
Endlight Secures 15 Billion Won Investment with Naver's Third Round of Funding
NVIDIA to Lower Specifications for Rubin Ultra, Increasing HBM Demand Outlook
San Francisco's ChatTJB Chatbot Manually Replies to All Questions by Its Founder
Blockstream Validates Existing Hardware Wallets for Quantum-Resistant Signature Schemes
Cathie Wood and Bernstein Expect Rise for Circle
GE Vernova Launches Medium Voltage UPS for AI Data Centers
Monad Co-Founder Achieves End-to-End Encryption for BTX on Two Nodes
Lei Jun Unveils the Xuanjie O3, O100, and D100 Chips
Ukraine to Hold Three 'Green' Auctions for 850 MW
Contents
Latest articles
Latest coin listings on WEEX
