Business
Core Scientific and Port Muskogee Break Ground on 100 MW HPC Data Center
Company growth continues in support of high-performance compute customers MUSKOGEE, Okla.--(BUSINESS WIRE)-- Core Scientific Inc. (Nasdaq: CORZ) (“Core
About this update from Core Scientific, Inc.
[{"type":"text","content":"\nCompany growth continues in support of high-performance compute customers\n\n\n MUSKOGEE, Okla.--(BUSINESS WIRE)--\nCore Scientific Inc. (Nasdaq: CORZ) (“Core Scientific” or the “Company”), a leader in digital infrastructure for high-performance computing and bitcoin mining, CoreWeave, the AI hyperscaler, and Port Muskogee broke ground today on Core Scientific’s newest state-of-the-art, high-performance computing data center. The 100-megawatt facility will host CoreWeave’s NVIDIA GPUs for an undisclosed client.\n\nThis press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241118256980/en/Muskogee 100 MW HPC Data Center Site (Photo: Business Wire)\n“Today we celebrate the beginning of a project that highlights Muskogee’s role as a center of next-generation, AI computing,” said Adam Sullivan, Core Scientific Chief Executive Officer. “This cutting-edge project was made possible thanks to the foresight demonstrated by Port Muskogee’s team, Mayor Patrick Cale, and the state of Oklahoma. Their support and determination make Muskogee a focal point for one of the most important and dynamic technology developments in modern times, creating an economic and job creation engine for the region. We look forward to serving as a contributing member of the local community for years to come.”\n\n\nThe 100 MW Muskogee data center will provide approximately 70 MW of critical IT load to power the latest generation of NVIDIA GPUs, with the remaining 30 MW powering ancillary systems required to ensure optimal GPU performance. The Muskogee data center represents a portion of the total 500 MW of critical IT load that CoreWeave has contracted from Core Scientific for HPC hosting operations, with a total potential contract value of $8.7 billion over the 12-year contracts, each with two five-year options. The site is expected to be operational in 2026.\n\n\n\"Port Muskogee is proud to welcome Core Scientific and CoreWeave to our community, a partnership poised to significantly impact Muskogee’s economic future,\" said Port Muskogee’s Executive Director, Kimbra Scott. \"This facility is more than a data center; it’s a commitment to economic progress, bringing more than $4 billion in capital investment and $182 million in local net benefits over the life of the project. We are excited to be part of Muskogee...