TeraWulf said it has secured a credit backstop agreement with Alphabet's Google for its data-center project with Anthropic

Large computing facilities built to train and run artificial intelligence models, and the public questions they raise about electricity, water and land. Fought locally through zoning and utility rates, and nationally through energy policy, grid capacity and federal support for the industry.

Created in 2015 as a holding-company restructuring of Google, separating the core search and advertising business from more speculative ventures such as Waymo self-driving cars and Verily life sciences. Sergey Brin and Larry Page controlled it through super-voting shares for years after stepping back from daily management.