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TeraWulf Soars On Signing $19 Billion AI Lease With Anthropic

TeraWulf shares have surged following a $19 billion data center lease agreement with AI company Anthropic in Kentucky.

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7420Jul 6 17:29Jul 6 23:29 UTC

The brief

TeraWulf has signed a $19 billion lease with Anthropic for a data center located in Kentucky. Anthropic intends to use the facility as part of its operational expansion.

Coverage from Reuters, CNBC, and The Courier-Journal emphasizes the significant financial scale of the deal and the subsequent surge in TeraWulf's stock price. WLWT reports on the specific plan to open the center in Kentucky.

Observers are monitoring the development of the Kentucky site as Anthropic moves forward with its data center plans.

Synthesized by Newsylist from the headlines below under a strict no-invention contract. ✓ fact-checked: all claims supported by sources Updated just now.

Quick answers

What is the value of the lease agreement?

The lease agreement is valued at $19 billion.

Where will the data center be located?

The data center will be located in Kentucky.

How did the market react to the news?

TeraWulf shares soared and jumped following the announcement of the deal.

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