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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.
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The company joins a growing number of crypto projects, like SUBBD Token ($SUBBD), in embracing an AI-dominated future.
Projected to be worth $1.01T in 2030, the AI market does seem to be where the money is heading.
Here’s how these new initiatives are paving the
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