One of the nation’s leading bitcoin miners is cementing its pivot into artificial intelligence with a data center deal valued at $19 billion.
TeraWulf, a Maryland-based energy infrastructure company, on Monday announced a 20-year lease agreement with Anthropic — the AI company behind Claude — for a new data center campus in Hawesville, Kentucky.
California-based Anthropic is one of numerous AI companies racing to secure reliable, long-term access to processing power as it scales up operations. The Kentucky data center would offer the company about 400 megawatts of capacity by 2028, roughly the electrical load of a medium-size city.
Officials outlined plans for a data center at the Kentucky site back in February, but locking in Anthropic gives the plan a boost even as local pushback has gotten Washington’s attention. TeraWulf’s shares closed about 5 percent higher Monday after surging 18 percent earlier in the day.
