Woofun AI reports that the New York governor signed an executive order temporarily suspending state-level environmental permits for data centers for up to one year. During this period, the Department of Public Services will develop a "Universal Environmental Impact Report" framework to assess energy consumption, water usage, and air quality before lifting the suspension.

Following the announcement, TeraWulf shares on Nasdaq dropped 7.08% to close at $19.41. The company, which operates the Lake Mariner facility and plans a new site at Lake Hawkeye, has shifted focus from Bitcoin mining to artificial intelligence and high-performance computing. First-quarter HPC rental revenue reached $21 million, surpassing digital asset mining revenue of roughly $13 million.