Core Scientific is undergoing a significant transformation by converting its cryptocurrency mining campus in Denton, Texas, into a $6.1 billion data center. This strategic move is aimed at accommodating the rising demand for artificial intelligence (AI) workloads, highlighting a shift in the company’s business focus.

The transformation of the Denton campus signifies Core Scientific’s adaptation to the evolving technological landscape, moving from its original focus on cryptocurrency mining to becoming a hub for AI-driven computing solutions.