Terawulf Inc. Unveils Presentation on 10-Year AI Hosting Agreement with Fluidstack

Reuters
2025.08.14 11:26
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TeraWulf Inc. has signed a 10-year AI hosting agreement with Fluidstack worth approximately $3.7 billion, involving a 200+ MW hyperscale colocation at Lake Mariner, expected to be operational by the end of 2026. The deal includes a potential 10-year extension that could add $5 billion in revenue, supported by a $1.8 billion backstop from Google. This partnership emphasizes TeraWulf's commitment to providing infrastructure for the AI ecosystem.