Company Announcements

Core Scientific Secures 12-Year Hosting Deal with CoreWeave

The latest announcement is out from Core Scientific Inc (CORZ).

Core Scientific, Inc. announced that CoreWeave expanded its infrastructure commitment under a 12-year hosting contract, signaling confidence in the company’s ability to deliver high-performance computing services. This move underscores Core Scientific’s growth ambitions and its strategy to leverage clean energy and advanced technology to scale its operations. While the company’s forward-looking statements show optimism, they also caution about the various risks and uncertainties inherent in the digital asset and high-performance computing industries, from market conditions to regulatory changes.

Learn more about CORZ stock on TipRanks’ Stock Analysis page.

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