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Core Scientific stories

Jul 28, 2026

Core Scientific signs 15-year AMD AI infrastructure deal worth up to $14 billion

Bitcoin miner Core Scientific signed a 529 MW, 15-year partnership with AMD for AI data center infrastructure, potentially generating $14 billion in base contracted revenue as the company pivots from mining.

Jul 28, 2026·3 sources
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AMD Secures 2.5 Gigawatts of Data Center Capacity Through Core Scientific Deal

AMD signed an agreement with Core Scientific to secure up to 2.5 gigawatts of data center capacity, expanding infrastructure to meet growing demand for AI computing.

Jul 28, 2026·1 source
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Apr 22, 2026

Core Scientific Plans $3.3 Billion Debt Offering to Fund AI Data Center Expansion

Bitcoin miner Core Scientific announced plans for a $3.3 billion speculative-grade debt offering to refinance short-term debt and scale AI data center infrastructure, with six facilities leased to CoreWeave expected to generate $10 billion in revenue.

Apr 22, 2026·4 sources
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Top claims

  • ▪Multiple Bitcoin mining companies are diversifying into AI and high-performance computing (HPC) infrastructure to secure more stable, long-term revenue streams.
  • ▪AMD directly leased 377 MW in Texas and Oklahoma, while an unnamed cloud provider leased 152 MW in Alabama and Georgia under agreements supported by AMD.
  • ▪In Q2, colocation services generated $136.7 million in revenue, while self-mining revenue fell 66% to $21.5 million.

Topics

Business & enterprise AICompute, chips & AI infrastructureBitcoinBitcoin miningAI Data Center Gold Rush
Energy infrastructure
AI compute & environmental impact
AI hardware
AI infrastructure investment
AI data centers

Related entities

BitcoinAMD

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