Reported 2 days ago
Core Scientific (NASDAQ: CORZ) released its Q3 2025 earnings, showing a 15% decline in total revenue to $81.1 million, but a significant 45% rise in AI revenue to $15 million. The company's bitcoin mining revenue dropped by 22% YoY to $66.1 million as it shifted resources towards AI and high-performance computing (HPC). Despite a net loss of $146.7 million for the quarter, the ongoing transition to AI support positions Core Scientific to benefit from potential future growth and its proposed acquisition by CoreWeave remains contentious among investors.
Source: YAHOO