TeraWulf Secures $3.7 Billion AI Hosting Deal with Fluidstack, Backed by Google

TeraWulf Inc., a leading Bitcoin mining company, has struck a landmark $3.7 billion agreement with AI cloud platform Fluidstack. This deal is backed by Google’s substantial guarantee of up to $1.8 billion and grants TeraWulf the opportunity to capitalize on the burgeoning AI market. The partnership leverages TeraWulf’s zero-carbon infrastructure to provide high-performance AI computing services, positioning it for significant growth in this rapidly expanding sector. 8% equity in TeraWulf will be granted to Google, reflecting the tech giant’s confidence in the symbiotic relationship between energy and artificial intelligence.