TeraWulf signs 200+ MW, 10-year AI hosting agreements with Fluidstack

TeraWulf (WULF) announced two 10-year high-performance computing, HPC, colocation agreements with Fluidstack, a premier AI cloud platform that builds and operates HPC clusters for some of the world’s largest companies. Under the agreements, TeraWulf will deliver more than 200 MW of critical IT load at its Lake Mariner data center campus in Western New York. Purpose-built for liquid-cooled AI workloads, the facility is engineered to meet the scale, density and resiliency required for next-generation compute. The agreements represent approximately $3.7 billion in contracted revenue over the initial 10-year terms and include two five-year extension options which, if exercised, would bring the total contract revenue to approximately $8.7 billion.