Core Scientific, Inc.
https://www.corescientific.com
Core Scientific, Inc. is a digital infrastructure provider specializing in high-density colocation services and digital asset mining. The company's mission is to accelerate digital innovation by scaling high-density data centers rapidly, efficiently, and responsibly, providing essential infrastructure for demanding compute needs, particularly for artificial intelligence (AI) workloads. Its operational headquarters are located in Austin, Texas.
Core Scientific offers a range of services including high-density colocation, digital asset self-mining, and hosted mining for third-party customers. The company is increasingly focusing on GPU cloud and colocation offerings for AI applications and high-performance computing (HPC). These services cater to digital asset miners, enterprise clients, AI cloud platforms, and various industries such as manufacturing, media & entertainment, financial services, and healthcare that require significant compute power.
Led by CEO Adam Sullivan, who was appointed in May 2023, Core Scientific has undergone a significant strategic pivot, shifting its primary focus from Bitcoin mining towards high-density colocation for AI infrastructure. After emerging from Chapter 11 bankruptcy in January 2024, the company has announced major expansion plans, including scaling its Pecos, Texas campus to approximately 1.5 gigawatts of gross power for AI data centers, and has secured substantial financing to support these initiatives.
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