Applied Digital vs. TeraWulf: Comparing Neocloud Stocks for AI Infrastructure
TeraWulf secured a $19 billion, 20-year deal with Anthropic to provide 401 megawatts of IT load by early 2028, prompting Morgan Stanley to raise its price target. Applied Digital also has a larger gigawatt pipeline at 3 GW compared to TeraWulf's 2.3 GW.
Topics: Artificial Intelligence Data Center Expansion M&A Deals Neocloud Companies