TeraWulf’s stock surges after a $19 billion deal with Anthropic

TeraWulf Inc.'s stock price increased following an announcement of a $19 billion agreement with Anthropic. The arrangement involves TeraWulf providing computing infrastructure to support Anthropic's operations. TeraWulf Chief Executive Officer Tim Tai stated that the deal demonstrates validation of the company's shift from cryptocurrency mining to artificial intelligence infrastructure services. The specific terms of the agreement and implementation timeline were not disclosed in available reports.

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