Core Scientific inks $3.5B AI deal with CoreWeave to diversify beyond bitcoin mining

Core Scientific and CoreWeave, backed by Nvidia, strike a 12-year deal, providing 200 MW for AI hyperscaling services, marking Core Scientific’s shift from Bitcoin mining to AI data centers. CEO Adam Sullivan highlights supply-demand gap benefits. This move follows Core Scientific’s emergence from bankruptcy and aligns with industry trends towards AI infrastructure.

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Core Scientific inks $3.5B AI deal with CoreWeave to diversify beyond bitcoin mining

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