$CORE Gate News message, April 21 — According to Bloomberg, Core Scientific Inc. is planning to raise $3.3 billion by issuing junk bonds to fund artificial intelligence infrastructure, joining a wave of high-yield debt issuers using the debt market to finance AI infrastructure. The company is developing six data center facilities, all of which have been signed under a 12-year agreement with CoreWeave Inc., which is expected to generate about $10 billion dollars in revenue.

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