LOADSTAR
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The compute formation index

Real, or phantom?

Most announced AI data centers never get built. LOADSTAR measures how much — and shows exactly how it got to that number.

Coverage today: US, county/state level. ~93% of displayed sources are news, not official filing — we mark which is which on every item.

illustrative sample

78 ±6
REAL

"The buildout here is real."

0 · phantom45 · not sure68 · real · 100
sealed·ledger #a1b2c3·recompute it ↗

Every connection
reveals a pattern.

We don't ask you to trust us.
We ask you to check.

We don't say whether it's real — we say how much we were able to corroborate. Every number links to an official source. Every score is sealed by hash, dated, recomputable by anyone.

Absence of signal isn't proof of phantom. It's a coverage gap — and we say which one.

How we get to a number

01

Collection

Tens of thousands of documents a day, from public sources: SAM.gov, SEC EDGAR, regional grid operator interconnection queues, USPTO, GDELT.

02

Filter

Deterministic rules — not AI — cut the volume down to a handful of genuinely relevant documents, before any analysis.

03

Correlation

We cross-reference independent signals: environmental permit, energy contract, hiring, federal registration. The more signals converge, the higher the score.

04

Proof

Every result is dated and sealed in an immutable ledger. The history is public — including when we're wrong.

See full methodology →

Who needs to know if it's real or phantom

Utilities

Before investing capex in infrastructure, it's worth knowing whether the data center will actually get built.

Investors and funds

Before allocating capital to a physical asset, it's worth knowing whether the announced demand is real.

Regulators

Before approving load requests, it's worth knowing which ones are speculative.

See the full message for your sector →

Start with the sample report

No commitment. A real report, on a real project, with the methodology exposed start to finish.