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Here's your morning TNB Tech Minute for Monday, July 6th. I'm Imani-Mau-Wise for the Wall Street

Journal.

Digital Infrastructure Company, Terowulf, is partnering with Anthropic to build a campus in

Kentucky that could generate $19 billion in revenue and bring in 400 megawatts of computing

power online by 28. Terawolf said the project is backed by a 20-year lease and supported by an

investment-grade credit profile. Separately, Terawolf said it will sell its 50.1% ownership interest

in the Abernathy joint venture to an investment group led by Fluidstack. The sale will enable the

company to redeploy capital into AI infrastructure opportunities through direct ownership and operation.

South Korea's S.K. Heenix has lowered the fundraising target for its U.S. listing after a recent decline in its share price.

A regulatory filing with the Korea Exchange today shows the memory chip maker is now seeking to raise about $28.2 billion by issuing American

depository receipts on the NASDAQ, down from its previous target of about $29.6 billion.

Despite the downward revision, the deal would still rank among the biggest share sales in history,

second only to SpaceX's record IPO, which raised

$75 billion last month. The company says it'll use the offerings proceeds to expand chip-making

facilities in South Korea and purchase equipment. And Swiss pharmaceutical company Novartis

has agreed to pay up to $1.5 billion for Myricks Bio in a bid

...