Core Scientific lands AMD AI deal as bitcoin mining operation winds down

Core Scientific signed a 15-year, 529 MW AI infrastructure deal with AMD worth $14 billion in base contracted revenue, with options to expand to 2.5 GW by 2028. The partnership accelerates Core Scientific's exit from bitcoin mining into AI data centre hosting.

This Wire brief sits within Fusion42's coverage of AI Infrastructure. Wire is Fusion42's founder-focused intelligence feed: each story is connected to the funds and startups it names — every one with a live profile on Raise or Scout — so founders can follow the capital and the momentum behind the headline rather than just the headline itself. Wire analysis is one of the live surfaces Arthur reasons over.