AI Data Centers
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TeraWulf acquires Kentucky site for 1 GW AI data center
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TeraWulf announced the purchase of a Kentucky development site to support more than 1 gigawatt of AI and high-performance computing capacity. The bitcoin miner turned infrastructure developer saw its stock rise 13 percent following the news.
China has deployed 2,000 servers beneath the ocean to address surging power needs for artificial intelligence.
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Hut 8 announced a 15-year lease valued at $9.8 billion for a large-scale AI data center in Texas, sending its shares up nearly 30 percent on Wednesday. The deal covers 352 megawatts of capacity at the company's Beacon Point campus and includes options that could raise the total value to $25.1 billion.
May 01, 2026 18:46