Core Scientific seeks $3.3 billion bond sale to further AI data center pivot

Bullish-30.48%
21 Apr, 19:27
Source: CoinDesk

AI Summary

Core Scientific seeks $3.3 billion bond sale to fund AI data center expansion with 12-year CoreWeave lease expected to generate approximately $10 billion in revenue.

The company is building six AI data centers, leased to CoreWeave for 12 years, and is expected to generate approximately $10 billion in revenue.