TeraWulf plans to raise $3.5 billion in debt for its Kentucky AI data center campus, backed by a $19 billion Anthropic lease and Google support.

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…

TeraWulf shares rose after signing a 20-year lease with Anthropic expected to generate $19 billion in contracted AI infrastructure revenue.

Anthropic inks $19B AI data center lease with TeraWulf - SiliconANGLE