Core Scientific has announced a $1.2 billion expansion of its Denton, Texas, data centre through an extended partnership with AI-focused cloud provider CoreWeave. This move further strengthens the company’s position in high-performance computing (HPC) and AI infrastructure.
They confirmed that the expansion will add 70 megawatts (MW) of contracted power, bringing the site’s total IT load to 260 MW. Across six locations, CoreWeave has 590 MW of infrastructure secured with Core Scientific, highlighting the increasing demand for AI-driven and GPU-powered computing.
Core Scientific CEO Adam Sullivan emphasized that the expansion reinforces the company’s leadership in AI-driven digital infrastructure.
“By expanding our capacity in Denton, we’re building one of the largest GPU supercomputers in North America — reinforcing Core Scientific’s leadership in delivering high-density, high-performance digital infrastructure,”
Sullivan noted.
The expansion will generate $10.2 billion in revenue over the 12-year contract.
Under the agreement, Core Scientific will invest $104 million in capital expenditures, while CoreWeave will cover the remaining costs. Additionally, the contract includes two optional five-year renewal terms, securing Core Scientific’s long-term foothold in AI infrastructure.
While AI and HPC hosting continue to grow, Bitcoin mining remains a core part of Core Scientific’s operations. The company plans to allocate 400 MW of its 1.3-gigawatt contracted power to mining activities, while 900 MW will be dedicated to HPC hosting. To further expand its AI and cloud computing capabilities, Core Scientific is actively exploring new locations to strengthen its position as a leading data centre provider.
Notably, Core Scientific is joining Tether in adopting AI-driven innovations. Tether’s CEO, Paolo Ardoino, recently announced upcoming desktop and mobile AI applications, including an AI-powered translator, a voice assistant, and a Bitcoin wallet assistant. The wallet assistant allows users to monitor balances and execute transactions via AI commands, as demonstrated by performing tasks like checking balances and sending Bitcoin.
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