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.
/ 3 items
#WULF↓
TeraWulf Expands Lake Mariner: 160 MW for Fluidstack, Google Boosts Stake
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 Secures $3.7B AI Colocation Deal with Fluidstack
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.