TeraWulf eyes $3.5B debt raise for Anthropic-linked data center: Report
TeraWulf is raising $3.5 billion in debt financing led by Morgan Stanley for its Kentucky data center leased by AI company Anthropic under a 20-year agreement. The facility, expected operational mid-2027, could generate $19 billion in contracted revenue. The financing marks TeraWulf's first leveraged loan market entry, reflecting growing demand for AI computing capacity infrastructure globally.
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