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Justified Data Campus (Anthropic)

🇺🇸 United States · TeraWulf

401 MW Critical IT
Anthropic (Justified Dat… Customer
Low Evidence confidence · 1 of 4 gates confirmed

Approximately 401 MW critical IT on a 20-year initial lease, approximately $19bn contracted revenue over the initial term. Initial capacity expected H2 2027, full delivery early 2028.

Path to billing

Furthest evidenced: Customer contracted
  1. Announced Not disclosed
  2. Power Not disclosed
  3. Build Not disclosed
  4. Energised Not started
  5. Accepted Not started
  6. Billing Not started

Each stage rolls up the project gates that evidence it. A stage marked Not disclosed has no gate on record — which is not the same as a stage the site has yet to reach.

Site view

Illustrative — not a photograph of this site

A generic campus illustration, shown to orient the layout of a site of this kind. It is not imagery of Justified Data Campus (Anthropic), carries no live telemetry, and no element of it is positioned from data. Every factual claim on this page is in the panels around it.

Latest evidence

Anthropic lease at the Justified Data Campus — approximately 401 MW critical IT, 20-year initial term, approximately $19bn.

4 Aug 2026

Dependencies

From tracked gates only
Power / grid Not disclosed
Permits Not disclosed
Financing Not disclosed
Long-lead equipment Not disclosed
Customer Complete
Cooling Not disclosed
Networking Not disclosed

Site replay

Documented progression
Customer contracted 4 Aug 2026

Site status

  1. Announced
    Not disclosed
  2. Power secured
    Not disclosed
  3. Construction
    Not disclosed
  4. Energised
    Not started
    Initial capacity expected H2 2027.
  5. Customer contracted
    Complete · 4 Aug 2026 · ↗ investors.terawulf.com
  6. Acceptance
    Not started
  7. Billing
    Not started
    Full delivery expected early 2028.
Next

Acceptance

Guided for H1 2028

↗ investors.terawulf.com ↗ investors.terawulf.com

Customer contracts

Anthropic (Justified Data Campus) 401 MW · $19bn · 20-year term

What changed here

1 record
  • WULF New contract Confirmed Justified Data Campus (Anthropic)

    Anthropic lease at the Justified Data Campus — approximately 401 MW critical IT, 20-year initial term, approximately $19bn.

    Nearly doubles disclosed contracted capacity, but initial capacity is not expected until H2 2027 and full delivery not until early 2028. Contracted is not delivered.

    4 Aug 2026 438 → 839 MW