Core Scientific CEO Sullivan said Bitcoin miners could achieve exponential growth through its AI data center services, BlockBeats reported.
That depends on the company being able to deliver gigawatt-scale AI data centers to customers beyond CoreWeave. Sullivan said another 500MW or 1GW of contracts would value the company at $25 billion to $30 billion.
Sullivan joined the company in April 2023 while it was in the midst of bankruptcy proceedings. In January, the company emerged from bankruptcy and signed a 12-year deal with CoreWeave that could generate as much as $3.5 billion in total revenue.
