TeraWulf Secures Massive AI Partnership and Earns Top Analyst Rating
TeraWulf is boosting its shift to AI infrastructure with a huge $9.5 billion joint venture with Fluidstack, supported by Google, leading to an "Outperform" rating from Oppenheimer.
TeraWulf is boosting its shift to AI infrastructure with a huge $9.5 billion joint venture with Fluidstack, supported by Google, leading to an "Outperform" rating from Oppenheimer.
TeraWulf's Lake Mariner campus adds 160 MW for Fluidstack, reaching 360 MW total. Google's backstop hits $3.2B, increasing its stake to 14% in this key AI infrastructure build-out.
TeraWulf secured a $3.7B AI deal with Fluidstack (Google-backed), adding 200+ MW. Google will backstop $1.8B of Fluidstack's lease obligations and receive an approximately 8% equity stake in TeraWulf. The deal could reach $8.7B with extensions.