Bitcoin Miner Core Scientific Converts Data Infrastructure for AI
- Core plans to capitalize on rising demand for AI computing
- The miner touts lower costs, shorter lead time to draw clients
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Bitcoin miner Core Scientific Inc. is converting part of its infrastructure in order to power high-performance computing operations for artificial-intelligence companies.
The Austin, Texas-based company deployed 16-megawatt data-center capacity for AI startup CoreWeave Inc. and plans to convert more going forward. The move comes amid a slump in Bitcoin mining revenue and growing demand for data centers to host graphics processing units to power AI applications.