Terawulf and Fluidstack Partner for $9.5B AI Compute Facility in Texas
- Terawulf has signed a 25-year joint venture with Fluidstack.
- The project involves constructing a 168-megawatt (MW) high-performance computing facility.
- The facility will be located in Abernathy, Texas, with an estimated value of approximately $9.5 billion.
- Google is supporting the venture with $1.3 billion in credit.
This significant investment by Terawulf and Fluidstack aims to enhance their capabilities in high-performance computing infrastructure, supported by Google’s substantial financial backing.
The collaboration between Terawulf and Fluidstack marks a major step forward, leveraging Google’s $1.3 billion credit support to establish a state-of-the-art facility valued at $9.5 billion in Texas. (Source)
