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Core Scientific revenue doubles in Q2 as AI colocation expansion accelerates

Covered by 4 sources · 4 articles

4 outlets - including Crypto-economy, Cryptobriefing and Cointelegraph and 1 more - are covering this story. Core Scientific and the semiconductor company AMD announced their partnership as a strategy for the chipmaker to secure over 500 megawatts of data center capacity in the United States starting in 2027. The agreement, with the ability to sca…

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Crypto Economy Jul 28, 18:31 UTC

Core Scientific Accelerates AI Expansion Through Massive Multi-Gigawatt AMD Partnership

Core Scientific and the semiconductor company AMD announced their partnership as a strategy for the chipmaker to secure over 500 megawatts of data center capacity in the United States starting in 2027. The agreement, with the ability to sca…

Core Scientific posts $164 million revenue as colocation growth accelerates
Crypto Briefing News Jul 28, 16:02 UTC

Core Scientific posts $164 million revenue as colocation growth accelerates

Core Scientific's pivot to AI colocation signals a strategic shift, potentially reshaping its market identity and investor expectations.

Core Scientific revenue doubles in Q2 as AI colocation expansion accelerates
Cointelegraph Jul 28, 15:47 UTC

Core Scientific revenue doubles in Q2 as AI colocation expansion accelerates

Core Scientific reported strong second-quarter revenue growth as AI colocation became its largest business, though a non-cash accounting charge resulted in a $1.15 billion net loss.

Yahoo Finance News Jul 28, 13:25 UTC

Core Scientific Q2 revenue doubles as AMD deal expands AI leasing pipeline: Q2 Earnings