TeraWulf’s Shares Soar After Google AI Partnership Reveal, Joins SUBBD in the AI Race

Description

Crypto miner TeraWulf’s stock soared in yesterday’s trading after announcing its shift to AI infrastructure hosting. The move will involve a partnership with AI cloud platform Fluidstack, with support from Google. This TeraWulf-Fluidstack deal comes as crypto mining becomes increasingly difficult and resource-intensive, pushing miners to seek other revenue streams. With TeraWulf’s current resources, a pivot to AI is the most logical and financially viable move. The company joins a growing number...