Jul. 28 at 11:14 AM
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MIAMI & SANTA CLARA, Calif.--(BUSINESS WIRE)--Core Scientific (NASDAQ: CORZ) and AMD (NASDAQ: AMD) today announced a partnership to shape the future of AI infrastructure, with AMD to secure up to 2.5 gigawatts of data center capacity to support end customer deployments of AMD AI solutions. As part of the agreement, Core Scientific and AMD will collaborate on physical infrastructure design and the deployment of AMD Instinct™ GPUs, EPYC™ CPUs, and ROCm™ software.
https://www.businesswire.com/news/home/20260727256371/en/Core-Scientific-and-AMD-Announce-Infrastructure-Partnership
As part of the agreement, AMD will also receive market-priced warrants to purchase Core Scientific’s common stock, subject to certain commercial conditions.