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The Nexus
BUSINESSJul 28 · 15:47 UTCCOINTELEGRAPHCointelegraph by Sam Bourgi

Core Scientific revenue doubles in Q2 as AI colocation expansion accelerates

Core Scientific's Q2 revenue doubled, driven by AI colocation becoming its largest business. However, a non-cash accounting charge led to a $1.15 billion net loss.

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