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Anthropic signs 20-year lease agreement for an AI data center in Kentucky.
TeraWulf, the crypto mining company turned AI infrastructure provider, expects to earn $19 billion in revenue from the agreement, according to an announcement on Monday. The Hawesville, KY data center will come online with an “initial capacity” in the second half of 2027 before ramping up to 401 megawatts of power delivery in 2028. [Link: TeraWulf Signs $19 Billion Lease With Anthropic for AI-Infrastructure Campus | https://www.wsj.com/finance/investing/terawulf-signs-19-billion-lease-with-anthropic-for-ai-infrastructure-campus-ef26be27 | The Wall Street Journal]
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cnbc.com
TeraWulf shares soar after Anthropic leases 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.
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decrypt.co
Bitcoin Mining Stocks Jump After TeraWulf Signs $19 Billion Lease With Anthropic - Decrypt
TeraWulf's 20-year lease deal with Anthropic is expected to generate $19 billion in revenue—and major Bitcoin mining stocks are surging.
