Google took a 14 percent stake in the company earlier this year, alongside TeraWulf scoring a deal with AI cloud firm Fluidstack Fluidstack plans to lease 360MW of critical IT load from TeraWulf's Lake Mariner data center campus in New York, in a 10-year deal also backed by Google. Earlier this week, Fluidstack signed a separate 10-year deal with Cipher Mining, with Google backstopping $1.4bn of Fluidstack’s lease obligations.