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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.

TeraWulf Secures $3.7B AI Colocation Deal with Fluidstack
Credit: TeraWulf (Lake Mariner campus)

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