TeraWulf signs $9.5 billion Fluidstack joint venture to add 168 MW of AI compute

According to a company press release, TeraWulf (WULF) has expanded its strategic partnership with AI cloud platform Fluidstack by forming a joint venture to develop 168 MW of critical IT load at the Abernathy, Texas campus, under a 25-year hosting commitment worth approximately $9.5 billion in contracted revenue. Get these headlines directly to your inbox: subscribe to Blockspace. Under the agreement, TeraWulf will hold a 51% majority stake in the joint venture, which is expected to deliver the facility i ...