TeraWulf, a Bitcoin mining company, is expanding its operations to include artificial intelligence (AI). The firm has announced plans to lease a 70-megawatt (MW) data center as part of this initiative. The facility will be used to house AI-based computing equipment and is expected to come online in phases between the first and third quarters of next year. TeraWulf believes that the data center will help it offset the cost of mining Bitcoin. The company is also looking to diversify its revenue streams and expand its reach beyond the cryptocurrency industry. This move is seen as a strategic one for TeraWulf as it seeks to position itself as a leader in the emerging field of AI. The company has already established partnerships with several AI firms and is developing its own AI-powered solutions. The data center will be located in Pennsylvania and will be powered by renewable energy sources. TeraWulf is committed to sustainability and is working to reduce its environmental impact.

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