companiesCore ScientificTue, Jul 28, 2026, 2:53 PMNeutral

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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