TeraWulf has entered a significant 20-year lease agreement with AI company Anthropic to develop AI infrastructure, marking a strategic shift beyond its traditional Bitcoin mining operations, according to CoinTelegraph.
In addition to the lease, TeraWulf sold its majority stake in a separate joint venture focused on AI data centers, signaling a realignment of its investments within the AI sector.
This move highlights growing interest among crypto firms in AI technologies, a trend that Japanese markets are closely monitoring as domestic companies also expand their AI and data center capabilities.