AICointelegraphabout 1 hour ago
Core Scientific revenue doubles on AI colocation
1 min read
Core Scientific reported Q2 revenue of $164.2 million, more than double the $78.6 million from a year earlier. AI colocation revenue surged to $136.7 million. A non-cash accounting charge caused a $1.15 billion net loss. The company announced a partnership with AMD for up to 2.5 gigawatts of data center capacity.
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