google.com, pub-8701563775261122, DIRECT, f08c47fec0942fa0
USA

Anthropic signs lease for TeraWulf data center in Kentucky

Gabby Jones | Bloomberg | Getty Images

anthropic On Monday we signed a 20-year lease to use a vehicle. TeraWulf Data center in Kentucky.

The data center, located about an hour southwest of Louisville, will have a capacity of approximately 400 megawatts, with initial power deployment expected in the second half of 2027.

The lease is expected to generate approximately $19 billion in initial revenue.

TeraWulf is a crypto mining company focused on AI data center infrastructure. The stock is up more than 80% this year.

Stock Chart Iconstock chart icon

WULF year to date

Select CNBC as your preferred source on Google and never miss a beat from the most trusted name in business news.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button