Anthropic on Monday signed a 20-year lease to make use of a TeraWulf information middle in Kentucky.
The information middle, positioned about an hour southwest of Louisville in Hawesville, can have capability of round 400 megawatts with first energy supply anticipated within the second half of 2027.
TeraWulf shares soared greater than 16% in premarket buying and selling. The lease is predicted to generate round $19 billion in income over the preliminary time period.
“The Anthropic lease validates our technique and establishes a long-duration income stream with one of many world’s main AI corporations,” CEO Paul Prager mentioned.
TeraWulf additionally bought its 50% curiosity in a 168-megawatt information middle in Abernathy, Texas to an investor group led by Fluidstack.
TeraWulf is a crypto mining firm that has pivoted to AI information middle infrastructure. Its inventory is up greater than 80% this yr.
