jain.com

G42/Core42 AI infrastructure agreement

Company: TeraWulf

Subject kind
partnership
Statement date
2026-08-20
Promised amount
1100000000.0 USD
Current status
stated

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)
View cached copy (2026-08-31)Live source ↗

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.”

How we checked this

Checked on September 19, 2026. The cited source supports every part of this claim.

The source states the 10-year, 72.5 gross MW G42 agreement expected to generate $1.1 billion in high-margin revenue, matching the claim.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://marketwise.com/investing/neocloud-stocks-funding-coreweave-nebius-iren-terawulf/) in full (19,246 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.

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.”

View cached copy (2026-08-31)Live source ↗