The investor who blocked a $9 billion AI deal expects that bet to soon pay off [Business Insider]
Core Scientific, Inc. (CORZ)
Company Research
Source: Business Insider
This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in A major investor in Core Scientific says the firm will lease 400 megawatts to new clients this year. The deals would demonstrate durable demand for data centers and that AI is in a boom, not a bubble. Amid a 47-gigawatt power gap, more crypto miners are expected to repurpose their operations for AI. The investment manager who helped scuttle one of the biggest data center acquisitions of 2025 believes that his bet against the multibillion-dollar buyout is about to pay off in the new year. Trip Miller, the founder and managing partner of the Memphis-based investment firm Gullane Capital Partners, believes that Core Scientific, a data center developer and operator, is on the cusp of large new customer deals that will boost its value. "I think over the next 90 days, you'll see them announce greater than a hundred megawatts of deals," Miller s
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CORZ
News
- BTIG Upgrades Core Scientific Inc. (CORZ) amid Undervaluation Concerns and HPC Colocation Contracts Expectations [Yahoo! Finance]Yahoo! Finance
- AI cloud startup Runpod hits $120M in ARR — and it started with a Reddit post [TechCrunch]TechCrunch
- Core Scientific (NASDAQ:CORZ) was upgraded by analysts at Zacks Research from a "strong sell" rating to a "hold" rating.MarketBeat
- Core Scientific (CORZ) Valuation Check As AI Pivot And Analyst Upgrade Draw Fresh Attention [Yahoo! Finance]Yahoo! Finance
- The investor who blocked a $9 billion AI deal expects that bet to soon pay off [Yahoo! Finance]Yahoo! Finance
CORZ
Earnings
- 8/8/25 - Beat
CORZ
Sec Filings
- 1/7/26 - Form SCHEDULE
- 1/5/26 - Form 4
- 1/5/26 - Form 4
- CORZ's page on the SEC website