Google has raised its backstop commitment for TeraWulf's AI facility to $3.2 billion to exchange for a ~14% stake.

The news comes alongside Fluidstack exercising its option to expand at WULF's Lake Mariner data center campus.

Last week, the company announced AI cloud firm Fluidstack would be leasing 200MW of critical IT load (~250MW of gross ...

Google now has a 14% stake in TeraWulf, after receiving more stock in exchange for increasing its backstop in a deal between ...

Google quickly raised its stake in the company, while Google-backed Fluidstack said it will expand a data center campus.

TeraWulf surges on $3.7B Google-backed AI hosting deal as the bitcoin miner pivots into high-performance computing. The ...

Google’s TeraWulf investment rises to 14% as Fluidstack expands its data center deal, boosting campus capacity and financing.

TeraWulf shares jumped 12% on Monday after Google raised its ownership in the crypto mining and data center company. The ...

Cryptomine and HPC data center firm TeraWulf is to lease its data center campus in New York to AI cloud firm Fluidstack in a ...

Google is guaranteeing $1.8 billion of Fluidstack's lease obligations. The safety net ensures that Fluidstack can support the ...

Google acquired an 8% stake in TeraWulf, supporting new AI infrastructure deals and major revenue agreements with Fluidstack.

TeraWulf signed two 10-year $3.7B agreements with FluidStack for over 200 MW of hyperscale AI hosting, boosting TeraWulf’s ...