Meta

<a href="https://ultramining.com/news/en/terawulfs-game-changing-move-75m-investment-in-next-gen-bitcoin-miners/" rel="noopener noreferrer nofollow">TeraWulf</a> has announced strategic plans to secure long-term contracts with tech giants like Amazon, Google, Microsoft, and Meta within the next 6–12 months. The company's goal is to provide data center services for these hyperscaler companies, which are among the "Magnificent Seven" in the stock market.
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.
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.

TeraWulf Aims for Contracts with Amazon, Google, and Microsoft in Next 6–12 Months

Ultramining_Eng

Other articles published on Sep 14, 2024

Binance Strengthens Security in Battle Against Clipper Malware

Coinpedia Fintech News

Cracking the Code: 5 Crucial Factors Shaping Blockchain Gas Fees

Bankman-Fried Appeals His Conviction of 25 Years in Prison

Standard Chartered Enters UAE Crypto Market with Custody Services for Bitcoin and Ethereum

BTC, ETH Lead Open Interest, Solana Lags Behind Above $140

Join our free newsletter for daily crypto updates!