The bitcoin miner turned HPC infrastructure developer unveiled plans for a new 1 gigawatt facility in Kentucky aimed at servicing AI workloads. TeraWulf surged 13% on Tuesday after announcing a new facility in Kentucky to serve to serve AI and high-performance compute demand. Former bitcoin miners tied to the AI infrastructure boom broadly moved higher as the AI spending momentum continues. TeraWulf (WULF) surged 13% early Tuesday as the company unveiled plans for a new large-scale AI and high-…
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