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*Core Scientific’s 104 megawatt Bitcoin mining data center in Marble, North CarolinaCarey McKelvey*
AUSTIN — For five years, bitcoin miner Core Scientific has quietly been diversifying out of mining and into artificial intelligence, a market that will require immense amounts of power to handle the training of AI models and the massive workloads that follow.The move is no longer a secret.On Monday, Core Scientific announced a 12-year deal with cloud provider CoreWeave to provide infrastructure for use cases like machine learning. Core Scientific said the agreement, which expands upon an existing partnership between the two companies, will add revenue of more than $3.5 billion over the course of the contract.
Published at
2024-06-04 12:45:54Event JSON
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