Industry Newshigh performance computingdata centerscore scientificpower infrastructure
Investor Opposes Buyout, Backs Core Scientific Leasing
7.0
Trip Miller, founder of Gullane Capital Partners, says Core Scientific will lease about 400 megawatts to new customers this year after he opposed CoreWeave's roughly $9 billion stock-conversion acquisition, which shareholders rejected in an October vote. Morgan Stanley warns of a potential 47-gigawatt national grid shortfall by 2028, underscoring rising demand as crypto miners pivot to AI data-center capacity.
Key Points
- 1Projects Core Scientific will lease roughly 400 megawatts to new AI customers this year
- 2Highlights industry-wide compute shortage; Morgan Stanley forecasts 47-gigawatt grid shortfall by 2028
- 3Signals crypto miners' repurposing to AI could accelerate data-center capacity growth and leasing opportunities
Scoring Rationale
Industry-relevant update with Morgan Stanley backing; impact limited by reliance on investor projections and unconfirmed lease announcements.
Sources
Public references used for this report.
Practice interview problems based on real data
1,625 SQL & Python problems across 15 industry datasets — the exact type of data you work with.
Try 250 free problems