Core Scientific Transitions from Bitcoin Mining to AI with AMD Partnership
Core Scientific has signed a major agreement with AMD to provide up to 2.5 gigawatts of data center capacity for AI applications, marking a significant shift from its previous focus on Bitcoin mining. This strategic pivot reflects the company's adaptation to evolving market conditions and aims to establish a robust AI infrastructure by 2027.
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Core Scientific signs 2.5 GW AMD AI deal as CORZ falls
Core Scientific shares fell after the Bitcoin miner agreed to provide AMD with up to 2.5 gigawatts of data center capacity for artificial intelligence deployments starting in 2027. AMD secures up to 2.5 GW from Core Scientific Core Scientific and…
Core Scientific ties its AI pivot to AMD in multi-gigawatt infrastructure deal
Core Scientific and AMD partner on 500 MW of U.S. AI data-center capacity from 2027, scalable to 2.5 GW, with warrants to buy CORZ stock.
Core Scientific lands AMD AI deal as bitcoin mining operation winds down
The agreement accelerates Core Scientific’s pivot from bitcoin mining toward AI data centers, following the termination of its ASIC agreement with Block.


