Core Scientific partners with CoreWeave to expand its AI infrastructure, leveraging its expertise in customized data centers.
Core Scientific has been involved in AI since 2019, integrating AI clusters while maintaining its Bitcoin mining operations.
One of the biggest Bitcoin mining firms, Core Scientific, has contracted CoreWeave to increase its artificial intelligence (AI) capacity. Valued at $8.6 billion over 12 years, the alliance will see 500 megawatts of infrastructure developed.
Following the fourth Bitcoin halving in April, several Bitcoin miners—including companies like Hut 8 and HIVE—are moving resources to artificial intelligence, therefore profoundly affecting profitability.
This morning, $CORZ announced exercise of final contract option by @CoreWeave for delivery of ~120 MW of additional digital infrastructure to host high-performance computing operations.
-Expands total contracted #HPC infrastructure by CoreWeave to ~500 MW of critical IT load at… pic.twitter.com/z

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