Summary by Moomoo AI
Core Scientific has secured approval from the Denton City Council for significant amendments to its Power Purchase Agreements and land leases. The expansion increases the company's leased land from 31 to 78 acres and power access from 297MW to 394MW, with a projected $6.1 billion real property investment. The facility is expected to host one of North America's largest GPU supercomputers for AI applications.The company currently operates nine data centers across six states - Alabama, Georgia, Kentucky, North Carolina, North Dakota, and Texas, with an additional facility under development in Oklahoma. The expansion in Denton demonstrates Core Scientific's strategic growth in both bitcoin mining and high-performance computing infrastructure, particularly focusing on AI-related workloads.
