Core Scientific Pursues Ambitious Data Center Expansion in Texas

Core Scientific Inc., a leading provider of digital infrastructure and data center solutions, is expanding its presence in the data center market with a major investment in its Pecos, Texas campus. The company aims to increase the site's gross power capacity to approximately 1.5 gigawatts, including around 1 gigawatt available for leasing.

The expansion will primarily focus on supporting artificial intelligence infrastructure, marking a significant shift from the company's previous emphasis on bitcoin mining. This move is part of Core Scientific's broader strategy to adapt its data center services to meet evolving market demands.

In addition to the capacity increase, Core Scientific has secured an extra 300 megawatts of gross power through an agreement with its utility provider. The company has also developed a scalable behind-the-meter solution that is expected to unlock further expansion potential beyond its previously disclosed leasable capacity pipeline.