Core Scientific Announces New Contract with CoreWeave for Delivery of Approximately 70 MW of Additional Infrastructure to Host High-Performance Computing Operations
Core Scientific, Inc. (CORZ)
Company Research
Source: Business Wire
Marks Another Meaningful Step in Execution of Portfolio Diversification StrategyIncreases Total Owned and Contracted Infrastructure Allocated for HPC Hosting to Approximately 270 MW AUSTIN, Texas--(BUSINESS WIRE)--Core Scientific, Inc. (NASDAQ: CORZ) (“Core Scientific” or the “Company”), one of the largest owners and operators of high-powered digital infrastructure for bitcoin mining and hosting services in North America, today announced that CoreWeave, the AI Hyperscaler, has exercised its first option to contract for additional infrastructure under the terms of its previously announced 200 megawatt (“MW”), 12-year high-performance computing (“HPC”) hosting contracts entered into with CoreWeave on June 3, 2024.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240625541641/en/Core Scientific is one of the largest owners and operators of high-powered digital infrastructure for bitcoin mining and hosting services in North Ame
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- Core Scientific, Inc. (NASDAQ: CORZ) is now covered by analysts at Macquarie. They set an "outperform" rating and a $16.00 price target on the stock.MarketBeat
CORZ
Earnings
- 8/7/24 - Miss
CORZ
Sec Filings
- 9/16/24 - Form 4
- 9/12/24 - Form 4
- 9/11/24 - Form 4
- CORZ's page on the SEC website