AI startup that’s never turned a profit say's it'll totally be around in 2047 to close its $19B lease
AI + ML
Model dev and AGI fearmonger Anthropic signs 20-year lease with TeraWulf
In its short life, Anthropic has captured hearts, minds, and wallets – and spooked the US government – but it hasn’t actually turned a profit. That’s not stopping CEO Dario Amodei from signing a two-decade lease with crypto-mining outfit turned AI datacenter operator TeraWulf.
Anthropic believes it’s not only going to survive any AI bubble burst but keep operating until 2047, or at least that’s what it (probably) wants prospective investors in its upcoming initial public offering.
What will Anthropic end up paying for lights, power, and shelter from the elements provided by TeraWulf’s Justified Data campus in Hawesville, Kentucky? If everything goes to plan, the deal will be worth a whopping $19 billion in contracted revenues over the next two decades.
“Expected” is the key word here because the 401-megawatt facility isn’t working yet. TeraWulf...
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