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Core Scientific Secures Expansion with CoreWeave’s 12-Year Contract

An announcement from Core Scientific Inc (CORZ) is now available.

Core Scientific, Inc. has announced that CoreWeave, Inc., a prominent AI Hyperscaler, has decided to expand its infrastructure through a previously established 200MW 12-year hosting contract. This move signals CoreWeave’s commitment to growth and is poised to impact Core Scientific’s revenue and shareholder value. However, the company cautions investors about forward-looking statements, underlying the uncertainties and risks that could affect actual outcomes, emphasizing the unpredictability of future events and advising against reliance solely on these projections.

See more insights into CORZ stock on TipRanks’ Stock Analysis page.

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