# AI compute is 'critical infrastructure' like railroads & steel: Hut 8 CEO

> Source: <https://ca.finance.yahoo.com/video/ai-compute-critical-infrastructure-railroads-120000243.html>
> Published: 2026-08-15 12:00:00+00:00

Hut 8 ([HUT](https://finance.yahoo.com/quote/HUT/)) CEO Asher Genoot compares AI compute buildout to historical infrastructure booms like railroads and steel, projecting $1.75 billion in annual net operating income as new data centers come online.

Hut 8 ([HUT](https://finance.yahoo.com/quote/HUT/)) CEO Asher Genoot compares AI compute buildout to historical infrastructure booms like railroads and steel, projecting $1.75 billion in annual net operating income as new data centers come online.