Core42 HPC lease contract - 60 MW
Company: TeraWulf - Project: Lake Mariner Anthropic AI Factory
The claim, verbatim
60 MW contracted to Core42 (G42-backed), expected online 2025-2026
Source (primary)
Investor Presentation (IR page (investors.terawulf.com), ir_presentation)
View cached copy (2026-09-01)Live source ↗
Quote: “60 MW contracted to Core42 (online 2025/2026)”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The presentation lists 60 MW contracted to Core42 coming online in 2025/2026 and describes Core42 as backed by G42.
Confirmed in the source:
- 60 MW is contracted to Core42
- Core42 is backed by G42
- The Core42 capacity is expected online in 2025/2026
What we did: Read our cached copy of IR page (investors.terawulf.com) (https://d1io3yog0oux5.cloudfront.net/_0c87b48cb4d1c6967968c7d0c3e5933d/terawulf/db/2396/23306/pdf/WULF_Q3_2025_Investor_Update_%28Nov_2025%29vF.pdf) in full (31,442 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Investor Presentation
Quote: “60 MW contracted to Core42 (online 2025/2026)”