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Google backstop for Lake Mariner campus

Company: TeraWulf - Project: Lake Mariner Anthropic AI Factory

Subject kind
financing
Statement date
2026-09-07
Promised amount
3200000000.0 USD
Current status
stated

The claim, verbatim

Google backstopped $3.2 billion in lease obligations for TeraWulf's AI data center campus at Lake Mariner, New York

Source (primary)

Google's $3.2 Billion TeraWulf Backstop Shows How AI Data Centers Get Built - Startup Fortune (-, news_article)
View cached copy (2026-09-08)Live source ↗Archive.org ↗

Quote: “Google backstopped $3.2 billion in lease obligations for TeraWulf's AI data center campus at Lake Mariner, New York, gaining a 14% stake”

How we checked this

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

The document states Google backstopped $3.2 billion in lease obligations for TeraWulf's AI data center campus at Lake Mariner, New York.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://startupfortune.com/googles-32-billion-terawulf-backstop-shows-how-ai-data-centers-get-built/) in full (8,609 characters, retrieved September 8, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Google's $3.2 Billion TeraWulf Backstop Shows How AI Data Centers Get Built - Startup Fortune

Quote: “Google backstopped $3.2 billion in lease obligations for TeraWulf's AI data center campus at Lake Mariner, New York, gaining a 14% stake”

View cached copy (2026-09-08)Live source ↗Archive.org ↗