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TeraWulf

AI infraFounded 2021Website ↗

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  1. Teravolt Wants To Turn Smelters Into AI Data CentersTeravolt is converting aluminum smelters, retired thermal plants and bitcoin mines into AI data centers, arguing a megawatt-hour earns roughly four times more running GPUs than running a smelter.→
  2. TeraWulf's AI Data Center Has a Four-Company Accountability GapA fire at TeraWulf's $3.2 billion Lake Mariner AI data center exposed how the site's four-party structure -- TeraWulf, Fluidstack, Google and Anthropic -- leaves no single company clearly accountable when something goes wrong.→
  3. Anthropic Signs $35B Cloud Deal With Nvidia's LambdaAnthropic signed a $35 billion computing deal with Nvidia-backed cloud provider Lambda for roughly 350 megawatts of GPU capacity at a new Hut 8-developed data center in Nueces County, Texas, days after committing $45 billion to a separate West Virginia campus.→
  4. CoreWeave Sinks 12% as AI-Infra Debt Meets Rising RatesCoreWeave fell 12.1% Tuesday as the 30-year Treasury yield hit 5.32%, its highest since early 2024, spotlighting a company financing multibillion-dollar data centers with debt whose interest cost -- and whose discount rate on future cash flows -- both rise with yields.→
  5. Ex-Bitcoin Miner Firmus Raises $2B for AI FactoriesFormer bitcoin miner Firmus Grid raised a $2 billion strategic round from Nvidia, Coatue and Blackstone, pushing its post-money valuation above $10.5 billion to build AI data centers across Australia and the Asia-Pacific.→
  6. Anthropic Signs $19B Data-Center Lease, Files for IPOAnthropic signed a 20-year, $19 billion data-center lease with TeraWulf in Kentucky, backed by credit it doesn't yet have, the same month it confidentially filed for an IPO expected to price this fall.→
  7. Nuclear Fuel Maker Standard Nuclear Files for NYSE IPOStandard Nuclear, an Oak Ridge maker of advanced TRISO reactor fuel with a $245 million backlog, filed for an NYSE IPO under ticker STDN as AI-driven power demand accelerates interest in next-generation nuclear supply chains.→
  8. Ionic Digital Files S-1 for Nasdaq Listing as Bitcoin-Mining IPOs Return with a VengeanceIonic Digital filed a Form S-1 on June 26 to list on Nasdaq, joining a fresh wave of bitcoin-mining IPOs riding a record-high BTC price and post-halving miner economics. The company operates data-center-scale hosted mining infrastructure and is pivoting portions of capacity toward AI compute contracts.→

Coverage Timeline

newest first
  1. Sep 7, 2026AITeraWulf's AI Data Center Has a Four-Company Accountability Gap→
  2. Jul 7, 2026AIAnthropic Signs $19B Data-Center Lease, Files for IPO$19B lease, 20-year term→

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