AUSTIN – Core Scientific, Inc. (NASDAQ: CORZ), a key player in the high-performance computing (HPC) digital infrastructure space with a market capitalization of $2.73 billion, has announced an expansion of its partnership with CoreWeave, an AI Hyperscaler. This new agreement is set to bring an additional $1.2 billion in revenue to Core Scientific’s Denton, Texas location, enhancing its role as a leading provider of data centers tailored for specific applications and HPC workloads. According to InvestingPro data, the company has demonstrated impressive performance with a 192% return over the past year, despite recent market volatility.
Core Scientific inks $1.2 billion deal with CoreWeave
By
Social Share
Latest Posts
Core Scientific, Inc. (CORZ), a provider of digital infrastructure for high-performance computing (HPC) and bitcoin miner, has announced the appointment …
Core Scientific has announced a $1.2 billion expansion of its Denton, Texas, data center in partnership with artificial intelligence-focused cloud …
Core Scientific (NASDAQ:CORZ) announced on Wednesday an expansion of its relationship with CoreWeave, an AI Hyperscaler. The new agreement brings …
Ready to Implement AI and HPC Solutions?
Contact our team to discover how Core Scientific can accelerate your business with high-performance compute infrastructure.
Mr. Sullivan has more than a decade of experience in financial services, with a focus on investment banking in the digital assets and infrastructure space.
His expertise spans strategy development, corporate finance, and M&A. Prior to joining Core Scientific as President in 2023, Adam served as a Managing Director and Head of Digital Assets and Infrastructure at XMS Capital Partners. In his role at XMS, Mr. Sullivan established himself as one of the key facilitators for M&A and capital raises in the crypto mining industry, overseeing more than $5 billion of transactions, including Core Scientific’s business combination with Power & Digital Infrastructure Acquisition Corp. (“XPDI”) (NASDAQ: XPDI) in 2021.