Core Scientific’s AI Colocation Revenue Jumps to $215M as Mining Role Shrinks

Poin penting

• Core Scientific reported third-quarter colocation revenue of $215.4 million, representing a nearly 60% increase compared to the previous quarter.
• The company billed 485 megawatts of capacity during this period.
• The significant surge in artificial intelligence colocation earnings highlights the firm's ongoing operational pivot toward supporting high-performance computing, while its traditional cryptocurrency mining operations continue to shrink.

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