Core Scientific completes acquisition of Polaris DS
The $444 million cash deal secures 440 MW of power capacity and advances the Muskogee campus expansion to 1.5 GW gross.
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In short: Core Scientific closed a $444 million deal for Polaris DS, advancing its 1.5 GW Muskogee expansion and partnering with AMD for AI hosting.
The $444 million cash deal secures 440 MW of power capacity and advances the Muskogee campus expansion to 1.5 GW gross.
Revenue grew to $164.2 million, net loss impacted by warrant valuation changes.
AMD will secure up to 2.5 gigawatts of data center capacity for AI deployments, beginning in 2027.
He brings over 35 years of leadership experience in data center and technology industries.
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