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Terawulf CEO on Google investment: Building one of the largest data center campuses in the U.S.
AlphabetAlphabet(US:GOOGL) CNBC Televisionยท2025-08-14 19:11

Strategic Partnership & Expansion - Terwolf and Google's Fluid Stack are partnering to build one of the largest data center campuses in the United States, delivering hundreds of megawatts of AI-ready compute in a multi-billion dollar deal [2][3] - The partnership signifies a game changer for the industry, highlighting the value of quality energy infrastructure and effective management [5] - Terwolf is expanding its capacity, aiming for over 1,000 megawatts (1 gigawatt) in the next few years [8][10][11] Infrastructure & Capacity - Terwolf has 260 megawatts contracted and an exclusive option for an additional 170 megawatts with Fluid Stack Google for 30 days [9][10] - The company acquired the Kauga site, adding a potential capacity of up to 400 megawatts of high-power compute AI [10] - Terwolf's team has extensive energy infrastructure experience (25+ years), enabling them to identify valuable locations for high-compute AI customers [11] Regional Economic Impact - These deals are expected to revitalize areas that have faced economic challenges, creating opportunities for employees, contractors, and the state [6][7] - Terwolf is investing in areas like Eastern Maryland and Lake Mariner in upstate New York, contributing to regional development [5][6] Competitive Advantage - Terwolf's combination of scale, speed, and world-class partners like Fluid Stack and Google sets it apart in the industry [3] - Excess power and quality energy infrastructure are key advantages in the current market [4][5]