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 online by late 2027 and full buildout by early 2028. TeraWulf also sold its majority stake in a Texas AI data center joint venture for $450 million to redeploy capital into fully owned AI projects, strengthening its long-term revenue and operational control in AI infrastructure.
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. Init...
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...
