Jamin Ball: The Neocloud Boom Could Create $13.5 Trillion in Enterprise Value by 2030

Clouded Judgement (Jamin Ball)·medium signal

In his May 22 Clouded Judgement newsletter, Jamin Ball argues that ~150GW of AI compute capacity coming online by 2030 could generate $13.5 trillion in enterprise value at ~$90B per deployed GW, with neoclouds capturing at least $2.5 trillion. CoreWeave guides to ~$18.5B annualized run rate by end of 2026 with 1.7GW+ capacity. Ball predicts the market will consolidate into a handful of large neoclouds plus a long tail of single-site operators, mirroring the independent power provider market.