New York's 26-year-old sales tax exemption for internet data centers, originally estimated to cost the state $9 million annually during the dial-up era, is now allowing AI giants to avoid hundreds of …
Jefferies initiated a Buy rating on TeraWulf (WULF), citing the company's expansion into AI data center operations as a key growth driver. The investment bank's positive outlook reflects expectations …
TeraWulf is converting its Lake Mariner Bitcoin mining site near Buffalo, New York into a 750-megawatt AI and HPC datacenter campus, with construction underway on a 200-megawatt, 330,000-square-foot f…
TeraWulf shares rose after the company acquired a 1-gigawatt hyperscale data center site in eastern Kentucky, called the Muskie Data Campus. The 285-acre site is engineered to support over 1 gigawatt …