TeraWulf is planning to raise $3.5 billion to fund a data center that will be leased to Anthropic, a prominent artificial intelligence company. The financial move aims to support the growing demand for computing power in AI applications. TeraWulf's initiative highlights the increasing investment in infrastructure necessary to support advanced AI technologies.
AnthropicGenerative AIData Center+1
AnthropicGenerative AIData CenterStartup Funding
TeraWulf Seeks $3.5 Billion for Data Center Leased to Anthropic
Bloomberg Technology· Aaron Weinman Michelle Cheng Gowri Gurumurthy· Friday, July 10, 2026
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