Core Scientific ties its AI pivot to AMD in multi-gigawatt infrastructure deal
The Block·
60-second summary
Core Scientific is partnering with AMD to develop 500 MW of U.S. AI data-center capacity, scalable to 2.5 GW, starting in 2027. As part of the deal, AMD will receive warrants to buy CORZ stock. This multi-gigawatt infrastructure deal is a key pivot for Core Scientific, solidifying its commitment to AI and data-center infrastructure.
Core Scientific and AMD partner on 500 MW of U.S. AI data-center capacity from 2027, scalable to 2.5 GW, with warrants to buy CORZ stock.