Core Scientific inks $3.5B AI deal with CoreWeave to diversify beyond bitcoin mining

Core Scientific has entered into a significant 12-year agreement with CoreWeave, an AI hyperscaler backed by Nvidia, to provide approximately 200 megawatts (MW) of infrastructure for high-performance computing (HPC) services. This strategic move is expected to generate over $3.5 billion in total cumulative revenue for Core Scientific during the initial contract term, with an estimated […] source: https://cryptoslate.com/core-scientific-inks-3-5b-deal-with-coreweave-to-diversify-beyond-bitcoin-mining/