Google backstop of lease obligations
Company: TeraWulf - Project: Lake Mariner Anthropic AI Factory
The claim, verbatim
Google backstopped $3.2 billion in lease obligations for TeraWulf's Lake Mariner AI data center campus
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 while keeping the debt off its own books.”
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:
- Google backstopped $3.2 billion in lease obligations for TeraWulf's Lake Mariner AI data center campus
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 while keeping the debt off its own books.”