Core Scientific to Beef Up CoreWeave With an Additional 112 MW
CryptoNewsTerminal Staff06 Aug, 2024
Core Scientific to Beef Up CoreWeave With an Additional 112 MW
According to The Block, Core Scientific (NASDAQ: CORE), a publicly traded bitcoin mining company from the United States, has announced that it will allocate an additional 112 megawatts to CoreWeave's high-performance computing operations, bringing the total power allocated to CoreWeave to 382 megawatts. This additional power will enable CoreWeave to expand its high-performance computing offerings, which include artificial intelligence and machine learning applications. Core Scientific has been a major provider of power to CoreWeave since 2021, and this latest announcement further cements the partnership between the two companies. This move is a significant one for Core Scientific, as it demonstrates the company's commitment to providing high-quality, reliable power to its customers. It also shows Core Scientific's confidence in CoreWeave's ability to grow its business and deliver innovative solutions to its customers.
