Core Scientific

Rapidly delivering high-density colocation at scale (Nasdaq: CORZ)

Founded 2017

Austin, United States 270 employees Post-IPO Debt Total: $1.56B AI, Blockchain +1

General Information

Company Name Core Scientific

Founded Year 2017

Location

Austin, United States

Founders / Decision Makers

Employees 270

Industries AI, Blockchain, Data Analytics

Funding Stage Post-IPO Debt

Social

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About Core Scientific

Core Scientific is a prominent player in the AI, Blockchain, and Data Analytics industries, known for its slogan: "Rapidly delivering high-density colocation at scale" (Nasdaq: CORZ). The company has established a solid reputation since its founding in 2017 in the United States.

Strategically positioning itself within high-growth sectors, Core Scientific is capitalizing on the increasing demand for advanced data solutions. Its innovative approach focuses on providing scalable, high-density colocation, catering to the needs of tech-centric clients seeking robust, efficient infrastructures.

In terms of financials, the company recently attracted significant attention with a substantial $550.00M post-IPO debt investment on 03 December 2024. This capital influx underscores investor confidence in Core Scientific's strategic direction and operational capabilities. With no specific investors disclosed, the interest reflects broad market validation of their value proposition and growth potential.

Business keywords: High-density colocation, Blockchain infrastructure, Digital asset self-mining, Hosting services, Digital asset mining, Blockchain applications, In-house management solutions, Alerting and monitoring, Transaction processing, Application development, Data center buildouts, AI hosting, GPU computing

Services & Products

High-Density Colocation

Energy-Efficient Data Centers

Infrastructure for AI and High-Density Workloads

Complimentary Expert Support

Enterprise-Grade Computational Solutions

Target Customers

AI Model Training Enterprises Cloud Workload Providers Financial Service Companies Government Agencies Healthcare Organizations Manufacturing Firms Media & Entertainment Companies Oil & Gas Industry

Funding Rounds & Investors (11)

View All

Funding Stage	Amount	Investors	Lead Investors	Date
Post IPO Debt	$550.00M	-		03 Dec 2024
Post IPO Debt	$400.00M	-		14 Aug 2024
Post IPO Equity	$260.00M	-		08 Jul 2024
Post IPO Equity	$55.00M	-		20 Nov 2023
Post IPO Equity	$53.90M	1	Bitmain	21 Sep 2023
Post IPO Debt	$70.00M	1	B. Riley Financial	31 Jan 2023
Convertible Note	Undisclosed	1	Obsidian Investment Partners	01 Oct 2021
Corporate Round	$54.00M	1	Celsius Network	26 Jul 2021
Debt Financing	$21.00M	-		19 May 2020
Series A	$44.00M	-		01 Feb 2020

View All 11 Funding Rounds

Latest News

View All

Situational Awareness ran two auctions at once, and one set of bidders never knew

Thenextweb Aug 18, 2026

Crypto stocks rally thanks to rotation from AI infrastructure; bitcoin miners lag

Cnbc Jul 27, 2026

Coin Metrics Reports Increased Bitcoin Sales by Small Miners

Forklog.com Nov 23, 2025

Bitcoin drops in risk-off move as Nasdaq stocks are hit

Cnbc Nov 23, 2025

CoreWeave CEO responds to data center delays as stock plunges. Core Scientific shares fall

Cnbc Nov 11, 2025

CoreWeave's stock slides on weak guidance even as revenue more than doubles

Cnbc Nov 11, 2025

Core Scientific Alternatives & Competitors

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Core Scientific vs

Bitfury The Netherlands

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Core Scientific vs

Bainox Switzerland

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4 employees

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Core Scientific vs

Datarella Germany

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FAQ About Core Scientific

Rapidly delivering high-density colocation at scale (Nasdaq: CORZ)

Core Scientific was founded in 2017.

Core Scientific is headquartered in Austin, United States.

Core Scientific operates in AI, Blockchain and Data Analytics. Its work centres on High-density colocation, Blockchain infrastructure, Digital asset self-mining and Hosting services. Its customers include AI Model Training Enterprises, Cloud Workload Providers and Financial Service Companies.

Core Scientific has approximately 270 employees.

Core Scientific has completed 11 funding rounds, raising a total of $1.56B. The latest funding stage is Post-IPO Debt.

Core Scientific offers: High-Density Colocation, Energy-Efficient Data Centers, Infrastructure for AI and High-Density Workloads, Complimentary Expert Support, Enterprise-Grade Computational Solutions.

Top alternatives and competitors to Core Scientific include Bitfury, Bainox, Datarella, Qult Technologies. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.

Core Scientific and Bitfury are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Core Scientific, https://bouncewatch.com/company/core-scientific, updated 12 September 2025. When citing, please name BounceWatch and link this page.