Google’s investment in TeraWulf has surged as the tech giant increased its stake to 14% through a $3.2 billion backing. This latest move underscores Google’s commitment to artificial intelligence (AI) infrastructure and positions TeraWulf for significant expansion of its Lake Mariner data center facility in New York. The investment comes after TeraWulf secured contracts with AI cloud provider Fluidstack, granting them access to over 200 megawatts of data center space at the facility. This deal signals a shift towards powering the burgeoning AI market and expanding capacity beyond traditional energy infrastructure. Additionally, TeraWulf’s stock has rallied sharply on the back of these announcements, indicating increased investor confidence in the company’s strategy.