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Bitcoin Miner Core Scientific's Stock Soars On AI Expansion Plans

The hunt for available data-center space is driving AI companies to purchase capacity from cryptocurrency miners, which possess the required hardware and are seeking more profitable applications for it.

Adam sullivanKevin dedeJoe flynnCore scientificCompass point

Brisbane | Property and Real Estate | The Courier Mail

Brisbane | Property and Real Estate | The Courier Mail
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Is Core Scientific stock a 'buy' after $1 billion bid from CoreWeave?

CoreWeave also signed an AI deal with Core Scientific today. BTIG analyst sees further upside in Core Scientific stock to $8.0.

United statesAdam sullivanGregory lewisCore scientific incInvezz signalsCore scientific

Core Scientific to Provide Approximately 200 MW of Infrastructure to Host CoreWeave's High-Performance Computing Services, Capturing Significant AI Compute Opportunity

Core Scientific to Provide Approximately 200 MW of Infrastructure to Host CoreWeave's High-Performance Computing Services, Capturing Significant AI Compute Opportunity
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Bitcoin miners sink millions into AI businesses, seeking billions in return

Bitcoin miner Core Scientific is expanding its AI business through a $3.5 billion partnership with cloud company CoreWeave.

United statesSan diegoAdam sullivanNvidia gpusAsher genootJames butterfillSam altmanIris energyPower research instituteCore scientificBit digitalApplication specific integrated circuitsElectric power research institute