Why This Green Bitcoin Miner Could Be the Next Big AI Infrastructure Stock
TeraWulf (WULF) The Motley Fool·2024-10-27 11:45
A bitcoin mining company powered by 95% zero-carbon energy is transforming itself into a major AI infrastructure player just as tech giants scramble for sustainable computing power. The artificial intelligence (AI) revolution is driving unprecedented demand for energy-intensive data centers. The International Energy Agency projects that data centers may account for up to one-third of the anticipated increase in U.S. electricity demand through 2026. Major tech companies, like Microsoft, Amazon, and Alphabet, ...