TeraWulf Secures $3.7B AI Deal with Google-Backed Fluidstack

TeraWulf has pivoted from Bitcoin mining to AI infrastructure, securing a $3.7 billion, 10-year deal with Google-backed Fluidstack for 200MW at its Lake Mariner campus, with potential extensions to $8.7 billion. Google provides $1.8 billion and an 8% stake. This positions TeraWulf as a leader in sustainable AI hosting.