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Core Scientific announced a strategic pivot toward AI data centers in partnership with AMD, moving away from its crypto mining heritage.

This positions Core Scientific as a serious neocloud contender and demonstrates how legacy compute operators are repositioning to capture AI infrastructure demand.
Trade pressSlicast · August 12, 2026 · US · Source: Google News
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Core Scientific announced a strategic pivot toward AI data centers in partnership with AMD, moving away from its crypto mining heritage.

This positions Core Scientific as a serious neocloud contender and demonstrates how legacy compute operators are repositioning to capture AI infrastructure demand.

Read the original(Summary from the source — see the original below for the full report.)
In-depth analysis
CommentaryCore Scientific Closes Polaris DS Acquisition for $444 Million, Advancing Muskogee Campus Toward 1.5 GWCommentaryCore Scientific Surges 10% on Q2 Filings as AMD Partnership Reshapes Its Valuation
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Core Scientific announced a strategic pivot… · Slicast