TeraWulf (WULF) announced that it has executed a long-term high-performance computing joint venture with Fluidstack, a premier AI cloud platform that builds and operates HPC clusters for some of the world’s largest companies. Under the agreement, the parties will develop and deliver 168 MW of critical IT load at the Abernathy, Texas campus, serving workloads for a global hyperscale AI platform developing frontier-scale foundation models, backed by an investment-grade, long-duration infrastructure commitment through Fluidstack’s platform. The facility is expected to be delivered in the second half of 2026.
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