Google Provides Credit Backstop for TeraWulf's $19 Billion AI Project

• Google could take a stake in TeraWulf's $19 billion AI project if Anthropic defaults on its rent.
• TeraWulf has secured a credit backstop from Google for the data-center project.
• The agreement includes a provision for Google to acquire part of the project if Anthropic fails to pay its rent.
• The project involves a data center and is valued at $19 billion.
• The agreement is unusual due to the potential stake acquisition clause if Anthropic defaults.