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What are the chances these are nation states?

Small ?

They say large cloud providers are 50% of revenues, add to that Meta, Tesla, xAI, OpenAI and it looks like we got most of their clients already.

And don't forget the folks building the servers like Supermicro, Dell, and HPE. Foxconn assembles some of the servers and could maybe be split-out as a "customer" also.

Yeah immediate thought was “well one is US intelligence”

Realistically, one is US intelligence and the other is US military.

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