Summary:
- TeraWulf, a bitcoin mining company, has leased 70 megawatts of hosting capacity to host artificial intelligence (AI) infrastructure at its facility in New York.
- The agreement allows TeraWulf to diversify its business beyond just bitcoin mining and capitalize on the growing demand for AI computing power.
- The partnership with the unnamed AI company will provide TeraWulf with additional revenue streams and help it optimize its energy-intensive operations.