Core Scientific Says AI Colocation Accounted for 92% of Q3 Revenue
Core Scientific reported third-quarter results, with its AI colocation business contributing around 92% of revenue. The CEO said its first colocation deal was nearing full delivery.
Core Scientific Inc. (CORZ) announced its third-quarter results on Thursday, with its artificial intelligence colocation business contributing around 92% of its third-quarter revenue.That was the highest percentage of revenue colocation has ever accounted for. A year ago, it accounted for less than…