Filing Flows › Chains › AI hosting: neoclouds, miners turned data centers, power
AI hosting: neoclouds, miners turned data centers, power
Who rents AI capacity from whom: the neoclouds and bitcoin miners that now host GPUs, the data-center REITs, and the power producers signing contracts with the clouds. Named customers come straight from the filings.
16 companies, $118.9B of revenue in the last twelve months. Trailing twelve months to Sep 30, 2026, from SEC filings.
Open the interactive money-flow chart →
The theme quarter by quarter
Companies
- NRG NRG Energy $33.1B · total revenue
- CEG Constellation Energy $31.3B · total revenue
- VST Vistra $20.6B · total revenue
- EQIX Equinix $10.1B · total revenue
- CRWV CoreWeave $7.6B · total revenue
- DLR Digital Realty Trust $7.1B · total revenue
- TLN Talen Energy $4.0B · total revenue
- NBIS Nebius N.V $1.4B · total revenue
- IRM Iron Mountain $1.0B · Data Center
- IREN Iren $794M · AI Cloud
- APLD Applied Digital $776M · Data Center Hosting Business + HPC Hosting Business
- CORZ Core Scientific/tx $575M · Colocation
- HUT Hut 8 $289M · High Performance Computing, Colocation And Cloud
- WULF Terawulf $191M · total revenue
- CIFR Cipher Digital $146M · total revenue
- GLXY Galaxy Digital $18.6M · Data Centers