Core Scientific ties its AI pivot to AMD in multi-gigawatt infrastructure deal

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.