TeraWulf and Fluidstack to Develop Texas Data Center

TeraWulf has formed a new joint venture with AI cloud firm Fluidstack, backed by Google, to develop a data center campus in Texas. Under the agreement, the companies will develop and deliver 168MW of critical IT load (240MW gross) at a new 120-acre data center campus in Abernathy, Texas. The facility is expected to be delivered in the second half of 2026.

TeraWulf CEO Paul Prager said: “What began as a single site has matured into a repeatable, credit-enhanced platform model backed by Tier-1 partners. This is exactly the evolution we outlined: converting advantaged infrastructure positions into contracted megawatts with investment-grade counterparties and doing so at strategic scale.”

“Fluidstack is proud to partner again with TeraWulf as we expand our platform to support next-generation GPU clusters for foundation model developers,” added César Maklary, co-founder and president of Fluidstack. “TeraWulf brings exceptional operational discipline, energy expertise, and development scale at precisely the moment the market requires hardened, sustainable infrastructure.”