Svmuu News: Anthropic announced that it has signed a 20-year data center lease with TeraWulf to build AI computing infrastructure in Kentucky. The data center, located about an hour’s drive southwest of Louisville, is planned to have a capacity of approximately 400 megawatts,with power delivery expected to begin in the second half of 2027. Under the agreement, the initial lease is projected to generate approximately $19 billion in revenue for TeraWulf.
TeraWulf is a Bitcoin mining company that has been transitioning toward AI data center infrastructure in recent years; its stock price has risen by more than 80% year-to-date, reflecting the market’s continued pricing of demand for AI computing infrastructure. (CNBC)