Core Scientific is closing in on 500MW with $24 billion in AI contracts.
Third-quarter revenue rose 187% to $232.9 million as more capacity began generating colocation income. Its $1.178 billion net profit included a substantial non-cash gain from warrant valuations, an important distinction when assessing the underlying results.
Read the full story: thetechcapital.com/core-scientifi…
#TheTechCapital #CoreScientific #AIInfrastructure #DataCentres #Colocation #InfrastructureFinance #Earnings
Third-quarter revenue rose 187% to $232.9 million as more capacity began generating colocation income. Its $1.178 billion net profit included a substantial non-cash gain from warrant valuations, an important distinction when assessing the underlying results.
Read the full story: thetechcapital.com/core-scientifi…
#TheTechCapital #CoreScientific #AIInfrastructure #DataCentres #Colocation #InfrastructureFinance #Earnings