Core Scientific is diversifying its business model by entering the AI infrastructure market and forming a strategic partnership with AMD.
9 reports, 4 independent
Updated Aug 26
Gone quiet
Reached 4 outlets in its first 24 hours
- Reports
- 9
- Developments
- 6
- Repetition
- 56%
New informationRepeats or wire copies
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
Core Scientific is diversifying its business model by entering the AI infrastructure market and forming a strategic partnership with AMD.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Core Scientific is utilizing GPUs for AI deployments.Sub-event
- Core Scientific signed a 15-year lease agreement with AMD.Sub-event
Core Scientific announced an AMD partnership for capacity and appointed Mark Adams to its board.1 source
AMD partnered with Core Scientific and secured investment interest from Norges Bank, leading to SEC filings.1 source
AMD and Core Scientific deepen their AI infrastructure partnership with leasing and warrants.1 source
Core Scientific announces diversification into AI infrastructure and a partnership with AMD.1 source
Keep exploring
Part of
AMD, Intel, and Nvidia are engaged in head-to-head competition in high-performance AI workloads, alongside a new partnership between AMD and Rackspace.Also in this story
- Rackspace integrates NVIDIA accelerated computing into its offerings.
- The Federal Trade Commission is investigating market concentration issues among major AI chip competitors AMD, Nvidia, and Intel.
- Microsoft, Nvidia, and partners launched autonomous AI tools and expanded certification work on Intel's 14A process.
The entities involved
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Core Scientific
company
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AMD
American multinational semiconductor company
Related events
- Core Scientific rejected CoreWeave's acquisition offer while simultaneously granting AMD access to its data-center capacity.
- AMD, Nvidia, and SanDisk are involved in AI infrastructure bottlenecks and competition.
- AMD, Intel, Nvidia, and Cerebras are contending in the AI infrastructure market while defending their market share in the CPU space.
- Major tech companies, including Intel, IBM, Nvidia, AMD, and Super Micro, partnered to advance AI infrastructure initiatives.
- ASUS announced new partnerships with Intel, IBM, and AMD to advance AI infrastructure.
Coverage
Newest first; wire copies grouped- yahoo.com
- yahoo.com
- dailypolitical.com
- yahoo.com
- yahoo.com
- techtimes.comAMD Secures AI Data Center Capacity From Core Scientific in $14B Power Play
- cointelegraph.comCore Scientific Q2 Revenue Jumps as AI Business Grows