Core Scientific Sees $25-30 Billion Valuation from AI Data Center Deals

Core Scientific, under CEO Adam Sullivan, is seeing exponential growth and a $25-30 billion valuation in the coming years from its new AI data center deals. Future success, Sullivan says, will hinge on their ability to establish gigawatt-scale data centers beyond their first customer, CoreWeave. The company, which emerged from bankruptcy in January 2024, has already signed a 12-year deal with CoreWeave, potentially worth $3.5 billion. Despite the lack of competition among Bitcoin miners in the AI ​​data center space, Sullivan remains optimistic that other companies in the space will jump into this niche.

#BinanceTurns7 #IntroToCopytrading #MarketDownturn $BTC $ETH