TeraWulf signs $19 billion lease with Anthropic
The 20-year lease covers an AI data center campus developed by TeraWulf.
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Energy infrastructure for next-generation AI and high-performance computing
terawulf.comLast updated
In short: TeraWulf successfully pivoted to AI infrastructure, securing a 20-year lease with Anthropic and a multi-billion dollar investment from Google.
The 20-year lease covers an AI data center campus developed by TeraWulf.
The Muskie Data Campus will support over 1 GW of AI and HPC capacity, with initial 500 MW delivery starting in 2028.
Revenue totaled $34.0 million, including $21.0 million in HPC lease revenue; cash was ~$3.1 billion; 60 MW operating HPC capacity; closed $250 million revolving credit facility.
Proceeds will finance a data center in Hawesville, Kentucky, including repayment of bridge credit facility.
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