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.

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

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

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

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 ...

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

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

Google boosted its stake in Bitcoin miner TeraWulf to 14%, making it the firm's biggest shareholder and sending WULF shares ...

TeraWulf's pivot to HPC hosting is proving successful, securing a $3.7B contract with Fluidstack, backed by Google. Read why ...

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