TeraWulf Signs Data Center Lease Agreements With Core42

MT Newswires Live

Dec 23, 2024

TeraWulf (WULF) said Monday it has signed long-term data center lease deals with G42 unit Core42, a cloud and artificial intelligence solutions provider.

Financial details of the agreements weren't provided.

TeraWulf said it will provide more than 70 megawatts of data center infrastructure to host Core42's deployment at the Lake Mariner facility in Upstate New York.

Core42 will use the facility to boost its AI infrastructure offerings targeting US customers, TeraWulf said.

The infrastructure will be released for production in stages between Q1 and Q3 2025, the company said, adding the leases include two five-year renewal options.

Shares of TeraWulf fell nearly 12% in recent trading.

Price: 5.83, Change: -0.78, Percent Change: -11.75

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2493422764"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2493422764\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2493422764?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-12-23 23:39","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2493422764","market":"fut","top_or_hot":-1,"title":"TeraWulf Signs Data Center Lease Agreements With Core42","media":"MT Newswires Live","content":"<html><body><p> TeraWulf (WULF) said Monday it has signed long-term data center lease deals with G42 unit Core42, a cloud and artificial intelligence solutions provider.</p><p>Financial details of the agreements weren't provided.</p><p>TeraWulf said it will provide more than 70 megawatts of data center infrastructure to host Core42's deployment at the Lake Mariner facility in Upstate New York.</p><p>Core42 will use the facility to boost its AI infrastructure offerings targeting US customers, TeraWulf said.</p><p>The infrastructure will be released for production in stages between Q1 and Q3 2025, the company said, adding the leases include two five-year renewal options.</p><p>Shares of TeraWulf fell nearly 12% in recent trading.</p><p>Price: 5.83, Change: -0.78, Percent Change: -11.75</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>TeraWulf Signs Data Center Lease Agreements With Core42</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTeraWulf Signs Data Center Lease Agreements With Core42\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2024-12-23 23:39</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> TeraWulf (WULF) said Monday it has signed long-term data center lease deals with G42 unit Core42, a cloud and artificial intelligence solutions provider.</p><p>Financial details of the agreements weren't provided.</p><p>TeraWulf said it will provide more than 70 megawatts of data center infrastructure to host Core42's deployment at the Lake Mariner facility in Upstate New York.</p><p>Core42 will use the facility to boost its AI infrastructure offerings targeting US customers, TeraWulf said.</p><p>The infrastructure will be released for production in stages between Q1 and Q3 2025, the company said, adding the leases include two five-year renewal options.</p><p>Shares of TeraWulf fell nearly 12% in recent trading.</p><p>Price: 5.83, Change: -0.78, Percent Change: -11.75</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4595","symbol_name":"比特币概念","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2493422764","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2493422764","pubTimestamp":1734968398,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"TeraWulf  said Monday it has signed long-term data center lease deals with G42 unit Core42, a cloud and artificial intelligence solutions provider.Financial details of the agreements weren't provided.TeraWulf said it will provide more than 70 megawatts of data center infrastructure to host Core42's deployment at the Lake Mariner facility in Upstate New York.Core42 will use the facility to boost its AI infrastructure offerings targeting US customers, TeraWulf said.The infrastructure will be released for production in stages between Q1 and Q3 2025, the company said, adding the leases include two five-year renewal options.Shares of TeraWulf fell nearly 12% in recent trading.Price: 5.83, Change: -0.78, Percent Change: -11.75","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4595":"比特币概念","BK4600":"加密货币概念","BK6051":"信息科技咨询与其它服务","WULF":"TeraWulf Inc.","LYY.SI":"中云集团","BK4023":"应用软件"},"translate_title":"TeraWulf与Core42签署数据中心租赁协议","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"LYY.SI":1,"WULF":0.9},"content_text":"TeraWulf (WULF) said Monday it has signed long-term data center lease deals with G42 unit Core42, a cloud and artificial intelligence solutions provider.Financial details of the agreements weren't provided.TeraWulf said it will provide more than 70 megawatts of data center infrastructure to host Core42's deployment at the Lake Mariner facility in Upstate New York.Core42 will use the facility to boost its AI infrastructure offerings targeting US customers, TeraWulf said.The infrastructure will be released for production in stages between Q1 and Q3 2025, the company said, adding the leases include two five-year renewal options.Shares of TeraWulf fell nearly 12% in recent trading.Price: 5.83, Change: -0.78, Percent Change: -11.75","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}