TERAWULF INKS 20-YEAR ANTHROPIC DATA CENTER DEAL

TeraWulf, a bitcoin miner transitioning into AI infrastructure, will host Anthropic's data center operations under the 20-year agreement. The partnership validates TeraWulf's shift away from cryptocurrency mining toward purpose-built AI facilities. The company plans to develop a dedicated AI campus at its Kentucky site, designed to support the computational demands of large language models. Prager emphasized the deal's importance for the company's long-term trajectory and growth prospects. The agreement reflects broader industry trends as AI companies seek reliable power and infrastructure partners. Data center capacity has become a critical bottleneck for generative AI expansion, with major cloud providers and specialized operators racing to meet demand. Terms of the lease were not disclosed. The partnership signals TeraWulf's successful repositioning in an AI-focused market, moving beyond mining operations to serve enterprise-grade machine learning workloads.