Core Scientific signs AMD as compute customer at five sites

Core Scientific, a former bitcoin-mining operator that has pivoted to AI infrastructure, signed AMD as a customer across five sites. The deal starts at an initial 500MW of capacity and could expand to 2.5GW.

Why it matters: This continues a trend of former crypto-mining data center operators repurposing their sites for AI compute leasing, and gives AMD another large anchor customer as it works to take share from Nvidia in the AI accelerator market.