Core Scientific lands AMD AI deal as bitcoin mining operation winds down

Bullish+12.40%
28 Jul, 12:46
Source: CoinDesk

AI Summary

Core Scientific secures an AMD AI infrastructure deal as it pivots from bitcoin mining toward AI data centers, signaling a strategic shift to higher-margin enterprise AI services.

The agreement accelerates Core Scientific’s pivot from bitcoin mining toward AI data centers, following the termination of its ASIC agreement with Block.