TeraWulf Signs $19 Billion Lease With Anthropic for AI-Infrastructure Campus

TeraWulf has signed a $19 billion lease agreement with Anthropic to develop an AI-infrastructure campus. Following the announcement of this partnership and a stake sale by Abernathy, TeraWulf shares experienced a significant surge. The deal underscores the growing demand for specialized infrastructure to support AI operations, positioning TeraWulf as a key provider for Anthropic's expanding computational needs while driving positive market momentum for the company's stock (WULF) in recent trading sessions.