Core Scientific

Core Scientific is a United States-based data center operator and digital infrastructure company. Founded in 2017 in Seattle, Washington, the company originally provided Bitcoin mining hosting and colocation services before pivoting toward high-performance computing (HPC) and artificial intelligence infrastructure. It is publicly listed on Nasdaq under the ticker CORZ.

The company operates more than 10 data centers across seven U.S. states, including Alabama, Georgia, Kentucky, North Carolina, North Dakota, Oklahoma, and Texas, with over 1,300 MW of contracted power capacity. Core Scientific filed for Chapter 11 bankruptcy in late 2022 and emerged from restructuring in January 2024. Since then, it has shifted its focus to HPC colocation for AI workloads, securing large-scale infrastructure contracts with cloud computing providers.

As of 2026, Core Scientific is winding down its Bitcoin mining operations and concentrating on high-density data center services for artificial intelligence, cloud computing, and enterprise customers. In July 2025, CoreWeave announced a planned acquisition of the company for approximately 9 billion US dollars.