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AMD's 2.5-gigawatt infrastructure agreement could expand the capacity available to customers deploying its artificial-intelligence systems.

Core Scientific Inc (CORZ) reports strong financial stability and strategic advancements with a major AMD partnership, despite challenges in transitioning from Bitcoin mining.

Core Scientific announced a $15 billion AI deal with AMD and a neocloud during its Q2 earnings, and Galaxy Digital has purchased a new site for a 74 MW AI…

Core Scientific announces a partnership with AMD for 2.5 gigawatts of data-center capacity which could bring more than $14 billion in contracted revenue.

Core Scientific (NASDAQ:CORZ) said it has entered a commercial partnership with AMD covering up to 2.5 gigawatts of data center capacity, beginning with approximately 530 megawatts across five campuses under 15-year agreements. Chief Executive Officer Adam Sullivan said the initial agreements repre

Core Scientific reached 1.1 GW of leased customer power and outlined an AMD partnership that could support 2.5 GW, while heavy construction spending and warrant accounting drove its quarterly results.

Core Scientific announces a partnership with AMD for 2.5 gigawatts of data-center capacity which could bring more than $14 billion in contracted revenue.

Shares in AI infrastructure provider Core Scientific jumped around 5% in premarket trading after it announced a deal with chip maker AMD. The deal's initial phase would see AMD use 500 megawatts of Core Scientific data-center capacity by 2027.

Core Scientific ‌signed ‌a deal with ​AMD, under which the chip ‌firm ⁠will secure up ⁠to 2.5 ​gigawatts ​of data ​center ‌capacity to support customer deployments of its ‌AI ​systems, ​the ​companies ‌said on Tuesday. (Reporting ​by ​Harshita Mary Varghese ​in ‌Bengaluru; Editing ​by Leroy ​Leo)

(Bloomberg) -- When Applied Digital Corp. first tapped the junk-bond market in November to fund a data center project tied to CoreWeave Inc., it had to stomach a hefty yield to get the deal done. Fast forward to this week, and borrowing costs for another portion of the same project tumbled.Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’Xbox Plans Significant Layoffs as New CEO Plans OverhaulUS Strikes Iran in Trump Escalation Over Stalled Peace TalksTech Sto

The fear of higher rates slowing the debt-fueled AI buildout is battering shares in firms across the data-center supply chain. Companies ranging from construction firms to fiber-optic cable manufacturers to cooling specialists are down: Contractor Sterling Infrastructure and fiber provider Corning slid more than 10%.

Investing.com -- Bitcoin dropped to its lowest level in nearly four months Thursday, weighed down by a combination of geopolitical anxiety, persistent institutional selling, and Strategy’s first Bitcoin sale in years.

Shares of Bitcoin (CRYPTO: $BTC) miners tied to the artificial intelligence (A.I.) buildout are rising after chipma...

Core Scientific, Inc. (Nasdaq: CORZ), a data infrastructure company involved in Bitcoin (BTC) mining and artificial intelligence (AI) operations, reported the earnings for the first quarter of the year on May 6. The company reported a loss of $347.18 million during the quarter as revenue ...

Moby summary of Core Scientific, Inc.'s Q1 2026 earnings call

Core Scientific (NASDAQ:CORZ) executives on Tuesday outlined progress in scaling the company’s high-density colocation business, detailed a major project financing tied to its CoreWeave contract, and discussed an expanding development pipeline aimed at delivering additional AI infrastructure capacit

Shares of Bitcoin miner turned AI factory Core Scientific (NASDAQ: CORZ) fell 9% following the company’s earnings call, held Wednesday evening. The firm announced Q1 2026 revenue of $115.24 million…