TeraWulf's stock surged following a $19 billion, 20-year lease agreement with Anthropic to use its data center in Kentucky. The facility will provide about 401 megawatts of capacity to support Anthropic's artificial intelligence computing needs. Initial capacity is expected by the second half of 2027, with full operations planned by early 2028. This deal highlights TeraWulf's strategic shift from crypto mining to supporting AI infrastructure, validating its new business direction.
TeraWulf's shares rose 13% after signing a 20-year lease agreement with Anthropic for AI infrastructure at its Kentucky data campus, expected to generate $19 billion in revenue. The campus will support 401 megawatts of IT load, with initial capacity ...
Anthropic has signed a 20-year lease to use a TeraWulf data center located near Louisville, Kentucky. The data center will have a capacity of around 400 megawatts, with the first power delivery expected in the second half of 2027. This lease deal is ...
TeraWulf has secured a 20-year lease agreement with AI company Anthropic for its Justified Data campus in Kentucky, expected to generate about $19 billion in revenue. The campus will support up to 401 MW of IT load, with initial operations starting i...
