Wire · opportunities
Core Scientific lands AMD AI deal as bitcoin mining operation winds down
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Fusion42 · 28 July 2026 · Fusion42 review
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, and 5 sources have reported it.
◆ ◆ The Wire takeaway
AMD just locked down 2.5 GW of U.S. AI compute for 15 years through a former bitcoin miner. If you're selling GPU orchestration, inference optimisation, or power management software to data centres, your entire addressable market just consolidated into one customer relationship with a known buyer.
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5 sources · 28 Jul 2026
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