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Vertiv executive chairman David Cote: There's no alternative to data centers for storing information
CNBC Televisionยท 2025-09-23 14:47
Compost Secure Business Performance - Compost Secure's stock price has increased significantly from around $750 a year ago to over $20 now [1] - The company emphasizes the brand cachet associated with metal credit cards, comparing it to luxury brands like Louis Vuitton [1] Digital Transformation and Data Centers - The digital age is only 40 years in, with significant transformation expected over the next 50-60 years [3][4] - Computing power is predicted to double every two years, potentially leading to a 32-fold increase in 10 years and over a thousand-fold increase in 20 years [5] - Data centers are considered essential for storing information, even with the advent of quantum computing [7] - Despite potential power constraints, the significant investment in data storage ensures that power solutions will be found [9][10] Talent Acquisition and Immigration - Attracting and empowering brain power is crucial for economic thriving and competitive advantage [12] - Immigration policies should focus on attracting talented individuals who can contribute to innovation and economic growth in the US [13][14]