# Google-backed lease support expands TeraWulf AI data-center financing

_Published Monday, September 7, 2026 at 11:17 PM EDT · Infrastructure · Latest · Tier 2 — Notable_

![Google's $3.2 Billion TeraWulf Backstop Shows How AI Data Centers Get Built — Primary](https://startupfortune.com/wp-content/uploads/2026/09/sf-20371-1788783556347.jpg)

Google has agreed to backstop $1.4 billion in new lease obligations for TeraWulf's Lake Mariner AI data-center campus, raising its stated total support to $3.2 billion, according to Startup Fortune. Fluidstack, rather than Google, holds two 10-year contracts for more than 200 MW of critical IT load, later expanded by a 160-MW building. The reported arrangement pairs Google's lease guarantee with warrants that lift its stake in TeraWulf to roughly 14%.

## Sources

- [startupfortune.com](https://startupfortune.com/googles-32-billion-terawulf-backstop-shows-how-ai-data-centers-get-built/)

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Canonical: https://techandbusiness.org/newswire/r6hek_n-cWrdOb9UZMaceB
Published: 2026-09-08T03:17:51.168Z
Story chronology: 2026-09-07T12:19:15.000Z
Retrieved: 2026-10-23T12:14:27.500Z
Publisher: Tech & Business (techandbusiness.org)