Core Scientific lands AMD AI deal as bitcoin mining operation winds down
CoinDesk·
60-second summary
Core Scientific is accelerating its pivot from bitcoin mining to AI data centers with a new deal with AMD, solidifying its shift away from the terminated ASIC agreement with Block. The partnership is expected to significantly boost Core Scientific's AI capabilities, with no specific financial details disclosed.
The agreement accelerates Core Scientific’s pivot from bitcoin mining toward AI data centers, following the termination of its ASIC agreement with Block.