Core Scientific is accelerating its transition from cryptocurrency to high-performance computing with a significant expansion of its Pecos, Texas campus. The company is repurposing its existing infrastructure to support AI and HPC hosting, with the first phase of this pivot expected to go live in early 2027.
Beyond traditional utility contracts, Core Scientific is developing an innovative behind-the-meter power solution on over 200 acres of newly secured land to support long-term growth.
Coreweave is in the process of acquiring Core Scientific. The deal is expected to close in Q4 2025.
Core Scientific is one of the largest publicly traded, net carbon-neutral blockchain infrastructure providers and miners of digital assets in North America. Core Scientific has operated blockchain infrastructure in North America since 2017, using its facilities and intellectual property portfolio
April 28, 2026 Core Scientific
Core Scientific has secured additional capacity for its AI and HPC data center development in West Texas. The company is transitioning its Pecos campus from Bitcoin mining to AI and high-performance computing hosting. Currently operating with 300MW of mining capacity, Core Scientific said this...
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December 18, 2025 West Texas
Texas Pacific Land Corporation (TPL) has partnered with Bolt Data & Energy to develop data center campuses across TPL-owned land. As part of the deal, Bolt raised $150 million in capital, including $50m from TPL. In return, TPL will receive equity interest, warrants, and a right of first...
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October 30, 2025 Core Scientific
CoreWeave's planned acquisition of data center provider Core Scientific has been brought to a sudden stop. An SEC filing from Core Scientific published today, October 30, stated that at a "special meeting" to discuss the acquisition, the "requisite Company stockholders did not approve the Merger...
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August 08, 2025 Core Scientific
Core Scientific's largest shareholder, Two Seas Capital LP, has announced its opposition to the $9bn acquisition proposed by CoreWeave. The alternative investment manager shared its dissatisfaction with the terms proposed on July 7, which would see AI cloud firm CoreWeave acquiring developer...
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November 26, 2024 Core Scientific
CoreWeave and Core Scientific this week announced ground had been broken on a 100MW facility in the Port of Muskogee in West Oklahoma. The facility will provide approximately 70MW of critical IT load, with the remaining 30MW powering ancillary systems required to ensure optimal GPU performance....
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Mar 12, 2026 Eric Bell World
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Jan 15, 2026 Eric Bell Applied Digital
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Jan 05, 2026 Eric Bell Dallas
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Sep 04, 2025 Eric Bell Texas
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