Core Scientific is pivoting from bitcoin mining to AI infrastructure, planning a 1.5 GW AI campus in Muskogee, Oklahoma, and a similar 1.5 GW site in Pecos, Texas. The company aims to provide approximately 3 GW of gross power capacity for AI and high-density colocation by leveraging existing crypto-era power assets and grid relationships. This strategic shift includes acquiring Polaris DS LLC for 440 MW of contracted power and developing behind-the-meter generation to supplement utility power, addressing the growing demand and utility bottlenecks in AI infrastructure. AI
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IMPACT Accelerates the availability of large-scale AI compute infrastructure by repurposing existing energy assets.
RANK_REASON Company pivots from crypto mining to AI infrastructure, announcing significant expansion plans for data centers.
