Search results for Fluidstack
Crypto
TeraWulf signs 20-year deal with Anthropic in bet on AI data centre
Bitcoin mining company TeraWulf signed a 20-year lease with Anthropic to rent an AI data centre campus in Hodgenville, Kentucky, and expects about $19 billion in revenue from the deal. The facility at TeraWulf’s Justified Data site is expected to support about 401 megawatts of computing capacity, with phase one set for the second half of 2027 and full capacity planned by early 2028. Mining stocks rose after the announcement.
AI & Enterprise
Google in talks to invest $100 million in Fluidstack, boosting TPU ecosystem
Google is in talks to invest about $100 million in cloud startup Fluidstack, the Wall Street Journal reported on Feb. 20, citing sources familiar with the matter. If completed, the deal would value Fluidstack at $7.5 billion. Fluidstack runs a cloud platform for AI training and inference workloads and highlights rapid configuration of large GPU clusters. Google’s move is part of its strategy to expand its TPU AI chip ecosystem.
AI & Enterprise
Beyond GPUs, new AI-specialized cloud tech firms crowd in
AI-focused cloud startups are continuing to enter the market despite big tech dominance, helped by GPU shortages after ChatGPT. Firms such as CoreWeave, Crusoe and Lambda gained traction by not building their own AI. The Information reports some are pivoting toward large-scale data centre development, while new entrants focus more on tools and software. Cooling specialist Accelsius raised $65 million. Other firms are also raising funding for OpenAI- and Anthropic-related infrastructure.