Core Scientific Shifts Pecos Bitcoin Mining Site to 1.5GW AI Data Center

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Core Scientific said it is converting its Pecos, Texas, Bitcoin mining facility into a high-density AI colocation data center with planned power capacity of 1.5GW. The company said about 1GW of that capacity will be available for external leasing. Core Scientific said it plans to support the buildout with $3.3 billion in senior secured notes and a previously secured $1 billion credit facility from Morgan Stanley.

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