G42/Core42 AI infrastructure agreement
Company: TeraWulf
The claim, verbatim
Signed a 10-year agreement with G42 for 72.5 MW of AI infrastructure, expected to generate $1.1 billion in high-margin revenue
Source (primary)
4 Top Neocloud Stocks: How CoreWeave, Nebius, TeraWulf, and IREN Are Financing the AI Boom - MarketWise (-, news_article)
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Quote: “The most significant is likely its 10-year, 72.5 gross MW agreement with G42 (a subsidiary of global sovereign AI leader Core42), which TeraWulf expects to generate $1.1 billion in high-margin revenue.”
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Additional evidence
confirms 4 Top Neocloud Stocks: How CoreWeave, Nebius, TeraWulf, and IREN Are Financing the AI Boom - MarketWise
Quote: “The most significant is likely its 10-year, 72.5 gross MW agreement with G42 (a subsidiary of global sovereign AI leader Core42), which TeraWulf expects to generate $1.1 billion in high-margin revenue.”