Hardware
50d agoTeraWulf Raises $3.5 Billion For AI Infrastructure
TeraWulf is raising $3.5 billion in debt to construct a new data center campus in Kentucky. The former Bitcoin miner pivots its energy infrastructure toward high-performance computing. This massive capital injection funds the hardware needed for large-scale AI workloads.
The Signal
The move reflects a broader industry trend of miners converting power capacity into AI compute.