TeraWulf has announced strategic plans to secure long-term contracts with tech giants like Amazon, Google, Microsoft, and Meta within the next 6–12 months.
TeraWulf's Plans
The company's goal is to provide data center services for these hyperscaler companies, which are among the 'Magnificent Seven' in the stock market.
Capacity Expansion
TeraWulf's CFO stated that the company is already in negotiations and preparing for substantial capacity expansion to meet these clients' needs. In the coming months, the company will focus on executing and announcing new contracts with these major players, allowing it to significantly increase its share in the high-performance computing services market.
Future Opportunities
This partnership could open new opportunities for TeraWulf in cloud technologies and AI, as well as strengthen its position as a leading data center operator. The company plans to invest in building new facilities and upgrading existing infrastructure to ensure high service standards.
Strategic partnerships with tech giants could significantly bolster TeraWulf's market position and ensure future growth in high-tech services.
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