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coinpedia 2024-06-04 06:03:11

Core Scientific Signs $3.5 Billion, 12-Year Deal with AI Firm CoreWeave

The post Core Scientific Signs $3.5 Billion, 12-Year Deal with AI Firm CoreWeave appeared first on Coinpedia Fintech News Core Scientific, a leading North American bitcoin mining and hosting services provider, has entered into a 12-year contract with AI hyperscaler CoreWeave, projecting total revenue of more than $3.5 billion. This deal is expected to generate approximately $290 million annually. CEO Adam Sullivan has stated that this collaboration will allow Core Scientific to diversify its …

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