AMD secures up to 2.5 gigawatts of AI capacity from Core Scientific

Core Scientific has entered a partnership with AMD to provide up to 2.5 gigawatts of data center capacity for customers deploying AMD artificial intelligence technology.

The agreement will begin with more than 500 megawatts of US infrastructure coming online in 2027, with the opportunity to expand the partnership to as much as 2.5 gigawatts.

Core Scientific and AMD will collaborate on physical infrastructure design and the deployment of AMD Instinct graphics processing units, EPYC processors, and ROCm software.

The companies said the partnership is intended to address increasing demand for access to power, land, and data center infrastructure as companies seek to bring additional AI computing capacity online.

Core Scientific will provide AI ready infrastructure for model developers, cloud providers, and enterprises using AMD technology.

“AI deployments are accelerating rapidly, and bringing that compute online requires trusted infrastructure partners with the scale and power to support the next era of AI,” said Mathew Hein, senior vice president and chief strategy officer of corporate development at AMD.

Hein said Core Scientific’s data center portfolio would help AMD customers deploy AI systems more quickly and at a larger scale.

Core Scientific chief executive Adam Sullivan said the company’s ability to build and operate high density infrastructure positions it to support AMD’s product roadmap and expand the relationship over time.

As part of the agreement, AMD will receive warrants to purchase Core Scientific common stock at market prices. The warrants remain subject to certain commercial conditions.

The deal expands AMD’s infrastructure network as the chipmaker works to increase adoption of its AI hardware and software ecosystem. 

AMD stock was last trading 6% lower on the day, while Core Scientific shares were down 1%.