TeraWulf shares rise after $19B Anthropic AI lease, JV sale
CoinTelegraph·
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TeraWulf's shares surge as the company signs a 20-year AI infrastructure lease worth billions with Anthropic, reportedly valued at $19 billion, and sells its majority stake in a separate AI data center joint venture, marking a significant shift towards AI-focused operations. This strategic move positions TeraWulf for growth in the emerging AI sector.
The Bitcoin miner signed a 20-year AI infrastructure lease with Anthropic and sold its majority stake in a separate AI data center joint venture.