TeraWulf Shares Surge on $19 Billion Anthropic AI Infrastructure Lease Deal
TeraWulf's stock surged after signing a 20-year, $19 billion lease agreement with Anthropic for a new AI data center in Kentucky. This deal will provide critical infrastructure for Anthropic's AI operations and is expected to generate significant revenue for TeraWulf.
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Anthropic signs lease for TeraWulf data center in Kentucky
TeraWulf is a crytpo mining company that has pivoted to AI data center infrastructure. Its stock is up more than 80% this year.
Read full article →TeraWulf’s stock surges after a $19 billion deal with Anthropic
The deal “validates” the crypto-mining company’s pivot to supporting the AI buildout, its CEO said.
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Read full article →A new Kentucky AI data center will power Anthropic as part of a 20-year deal
Century Aluminum Company's smelter in Hawesville, Kentucky. in 2017. The site was sold to Terawulf, which is developing it into a data center. The Washington Post/The Washington Post via Getty Images Anthropic signed a 20-year lease with Terawulf for a new AI data center in Hawesville, Kentucky. The lease is expected to generate about $19 billion of contracted revenue over the initial term. The data center will have enough power capacity to support about 400 megawatts, Terawulf said. Kentuc...
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