AI data center builders doubled their debt over five years to fund a historic spending spree, with U.S. secured debt reaching $25.4 billion in 2025. Former bitcoin miners like Core Scientific, TeraWul…
TeraWulf, a former Bitcoin mining company, signed a 20-year lease with AI lab Anthropic for a data center campus in Kentucky, projected to generate $19 billion in revenue. The deal, requiring $3.2-4 b…
TeraWulf plans to raise approximately $3.5 billion in debt to build the Justified Data Campus in Kentucky, a massive AI computing hub with potential capacity exceeding 1 GW. The company signed a 20-ye…
Some Bitcoin miners are resisting the industry trend of converting facilities for AI workloads, arguing that the infrastructure requirements and long-term lease risks make the pivot less profitable th…
Anthropic is leasing a 466,000-square-foot building in Manhattan, planning to double its New York City workforce to 1,000 employees by 2026. The AI company, which raised $95 billion in recent funding …
Anthropic is leasing an entire 16-story office tower in Manhattan's Hudson Square, a 30-fold increase in space, while simultaneously restricting access to its Claude Fable 5 model due to insufficient …
Anthropic is leasing an entire 16-story building at 330 Hudson Street in Lower Manhattan, totaling 466,000 square feet—a 30x increase from its current New York footprint. The AI company plans to doubl…
The US Department of Energy announced up to $17.5 billion in conditional loans to build ten new nuclear reactors across five projects, aiming to revitalize domestic nuclear power amid rising energy de…
Anthropic signed a $19 billion, 20-year lease with TeraWulf for 401 megawatts of data center capacity in Kentucky to address chronic Claude API outages, but relief won't come until H2 2027 at the earl…
Bitcoin miner TeraWulf signed a $19 billion deal with Anthropic to build an AI data center in Kentucky, signaling a strategic pivot as crypto miners increasingly repurpose infrastructure for artificia…
TeraWulf announced a 20-year lease with Anthropic for 401 megawatts of AI data center capacity in Kentucky, potentially generating $19 billion in revenue. The deal highlights bitcoin miners' pivot to …
TeraWulf Inc. has signed a 20-year lease with Anthropic at its Justified Data campus in Kentucky, expected to generate $19 billion in revenue. The company also sold its majority stake in the Abernathy…
Wall Street closed higher on Monday, with the Nasdaq rising 1.2%, the S&P 500 gaining 1%, and the Dow Jones adding 0.3%, driven by semiconductor stocks as investors flocked to AI-related shares ahead …
TeraWulf announced a 20-year lease with Anthropic to build a purpose-built AI data center in Hawesville, Kentucky, expected to generate $19 billion in revenue. The facility, located on a former indust…
TeraWulf signed a 20-year lease with Anthropic for a 401 MW AI data center campus in Kentucky, expected to generate ~$19 billion in revenue, and sold its stake in a Texas joint venture. Bitcoin mining…
Digital Realty paid $27 million per megawatt for three leased AI data centers, setting a new valuation benchmark for stabilized AI infrastructure. The price dwarfs typical lease valuations of $400,000…
Google is using Nvidia's own tactics—financial guarantees and circular financing—to challenge Nvidia's dominance in AI chips. The Wall Street Journal reports Google has provided a $3.2bn guarantee for…
Goldman Sachs initiated coverage of Talen Energy with a Buy rating and $499 price target, citing nuclear power demand from AI and data centers. The stock trades near $406, implying 23% upside, with 14…
Bank of America Securities initiated coverage on TeraWulf with a Buy rating and a $34 price target, citing the company's successful pivot from Bitcoin mining to AI data center operations. TeraWulf rep…
Bernstein initiated coverage of TeraWulf and Cipher Mining with Outperform ratings and price targets of $36 and $32, respectively, citing the companies' transition from Bitcoin miners to "power landlo…