A new Kentucky AI data center will power Anthropic as part of a 20-year deal (www.businessinsider.com)

TeraWulf has announced a significant 20-year lease agreement with Anthropic for a dedicated AI infrastructure campus located in Hawesville, Kentucky. The deal is projected to generate approximately $19 billion in contracted revenue over its duration, underscoring TeraWulf's strategic pivot from Bitcoin mining to AI data centers. This collaboration not only validates TeraWulf's business model but also positions them as a key player in the rapidly expanding AI sector. The planned data center will be developed in phases, ultimately supporting a substantial 400 megawatts of AI computing power, with initial operations set to begin in the second half of 2027. By early 2028, the facility is expected to reach its full capacity, highlighting TeraWulf's capability to deliver reliable power and infrastructure designed specifically for high-performance AI applications. This partnership could significantly bolster Anthropic's computational resources, crucial for their ongoing development of advanced AI models like Claude and contribute to the overall growth of the AI/ML landscape.