CORZ news

Core Scientific, Inc. signed a new Credit Agreement with several lenders to facilitate borrowing and revolve credit availability through a long-term facility.

Core Scientific reported Q2 2026 revenue of $164.2 million and Net loss of $1.16 billion, primarily due to warrant revaluation, while announcing a strategic partnership with AMD for 2.5 GW leasable capacity. The company is a leader in AI-focused digital infrastructure.

Core Scientific and AMD announced a partnership for up to 2.5 gigawatts of AI-ready data center capacity. AMD will secure 500 megawatts in the U.S., starting in 2027, to support product deployments and expand its ecosystem.

Core Scientific appointed Steve Smith, former CEO of Equinix who scaled the company from $400M to $4B in revenue, to its Board of Directors effective immediately. Smith brings 35+ years of data center and digital infrastructure experience and will support Core Scientific's AI infrastructure expansio…