News list for " new contract"

Core Scientific announced a new contract with CoreWeave to deliver approximately 70 trillion watts of additional infrastructure to host high-performance computing operations. The site remodel is expected to begin in the second half of 2024 and is expected to be operational in the second half of 2025. This new 12-year HPC escrow contract will further increase Core Scientific's exposure to the multi-year dollar-denominated revenue of the contract. From revenue to gross margin, the new contract wit...

2024-06-25 19:34:50