Clichmont's CEO Alexis Cathalifaud explains the company's distinct approach to AI infrastructure. Instead of renting GPU capacity, Clichmont focuses on owning the physical data centers. This ownership grants control over the economics, pricing, and evolution of their compute offerings. Cathalifaud believes that while GPUs are critical, the durable bottleneck for AI growth will be physical infrastructure like power, land, and cooling. Site selection is heavily influenced by securing reliable and scalable energy sources, rather than just finding cheap buildings. Climates offering efficient cooling and strong energy grids are strategically advantageous, though locations are chosen based on a convergence of energy, connectivity, cooling, and scalability. The company's $CLAI token is intended to create a digital economic layer for community governance and treasury activity, not merely a financing tool. Scaling physical infrastructure is challenging due to complex dependencies and long lead times, unlike software. The biggest risk for Clichmont is capital intensity combined with timing, potentially building the wrong capacity in the wrong place at the wrong time. Ultimately, Clichmont aims to be an efficient independent AI infrastructure operator in Europe, focused on strategic ownership of assets that can support multiple generations of AI hardware. Their model prioritizes control over capacity and power economics over competing solely on GPU rental volume.