Bitcoin Miner TeraWulf's Stock Soars on Google-Backed AI Expansion Plans

TeraWulf, a Bitcoin mining company, announces a joint venture with Fluidstack, an AI-focused cloud company backed by Google, to build a 168 MW IT infrastructure in Texas. This move, which comes as Bitcoin mining becomes more challenging, has led to a surge in TeraWulf's stock and a drop in other mining companies' stocks. The tech world is closely watching as other major players also announce ambitious AI plans supported by heavyweights like Google.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.