[Brief] Core Scientific Acquires Polaris in 421 Million Dollar AI Data Center Deal
According to The Block, Core Scientific announced the acquisition of Bitcoin miner Polaris for $421 million to expand its AI data center campus in Oklahoma. Polaris’s 40-acre site is energized and operating with 40 megawatts of contracted power through Oklahoma Gas and Electric.
This reflects the ongoing trend of mining companies pivoting toward AI infrastructure.
Source: The Block