Core Scientific partners with AMD for 500 MW AI data center deal, gets warrants for 30 million CORZ shares

Core Scientific partners with AMD for 500 MW AI data center deal, gets warrants for 30 million CORZ shares

Core Scientific-AMD: 500 MW AI data centers (scalable 2.5 GW); AMD gets 30M warrants at $23.47 vesting on MW contracted. Colocation 77% of revenue ($136.7M Q2); signals AI infra arms race, execution risk: capex, grid approvals, construction timelines.