Anthropic Signs 20-Year Data Center Lease with Bitcoin Miner TeraWulf
AI giant Anthropic has announced that it has signed a 20-year data center lease with Bitcoin mining company and data center operator TeraWulf to build AI computing infrastructure in Kentucky, USA. The data center is expected to begin its initial power supply in the second half of 2027, and the initial lease agreement is projected to generate approximately $19 billion in revenue for TeraWulf. TeraWulf is accelerating its transformation from a Bitcoin mining company to AI data center infrastructure, with its stock price rising over 80% this year, reflecting the market's ongoing demand for AI computing infrastructure.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
CoreWeave (CRWV.US) to raise at least $4 billion after raising revenue guidance: AI computing power provider begins credit leap from "junk" to "investment grade"
AI computing power provider CoreWeave (CRWV.US), after raising its annual sales forecast and alleviating investor concerns about its heavily debt-laden business model, plans to raise at least $4 billion through an investment-grade loan.
Crypto prices
More
