Data-center developer TeraWulf said on Wednesday it has secured a credit backstop agreement with Alphabet's Google to support financing needs for its data-center project with Claude creator Anthropic.
Google credit support strengthens TeraWulf ' s ability to secure competitive project financing for contracted AI infrastructure at Hawesville, Kentucky campus
ASHLAND, Ky., Oct. 5, 2026 /PRNewswire/ -- Kentucky Power has finalized an amended agreement that would double its contracted electric demand with TeraWulf Inc. (Nasdaq: WULF) while delivering significant long-term benefits for customers and communities across eastern Kentucky.
Amended Kentucky Power agreement advances the second 500 MW phase into 2029 amid strong customer interest Amended Kentucky Power agreement advances the second 500 MW phase into 2029 amid strong customer interest
Crypto ETFs have remained resilient in 2026 despite higher rates and legislative roadblocks. With bitcoin prices back near $85,000, bitcoin ETFs (and the broader crypto ETF universe) have been back on investors' radars.
UBS has initiated coverage on five AI data center colocation stocks with Buy ratings, citing constrained compute supply and favorable power access positioning the group for rapid growth as AI adoption accelerates. The bank started coverage of Hut 8 Mining Corp (TSX:HUT, Unlisted (US):HUTMF), TeraWulf (NASDAQ:WULF), Applied Digital (NASDAQ:APLD), Core Scientific (NASDAQ:CORZ) and Cipher Digital...
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