TeraWulf acquires Kentucky AI data center site with planned 1 GW capacity
60-second summary
TeraWulf is acquiring a Kentucky AI data center site with planned 1 GW capacity, sparking a surge in WULF shares on Tuesday. The multi-phase buildout through 2030 aims to expand the company's presence in AI and HPC, potentially increasing its computing power and efficiency.
WULF shares surged on Tuesday after the Bitcoin miner announced its latest move to expand into AI and HPC through a multi-phase buildout through 2030.