A major investor in Core Scientific (CORZ) says the firm will lease 400 megawatts to new clients this year; deals would demonstrate durable demand for data centres and that AI in a in a boom, not a bubble, according to Business Insider

This update from Core Scientific suggests strong upcoming demand for data center capacity, which may boost investor confidence in the AI sector's sustainability.

Newsquawk StaffNewswiresPublished 6 Jan 2026, 19:14 UTCOn the live feed at 18:54 UTC — 5 more headlines followed before this page went public

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19:00

[MARKET UPDATE]: Oil continues to see weakness amid more positive rhetoric regarding US/Ukraine and an agreement

18:59

US special envoy Witkoff thinks they are largely finished on security guarantees and protocols; close to finishing off a robust prosperity agreement for Ukraine

18:54

A major investor in Core Scientific (CORZ) says the firm will lease 400 megawatts to new clients this year; deals would demonstrate durable demand for data centres and that AI in a in a boom, not a bubble, according to Business Insider

18:52

US Energy Secretary Wright has been in contact with oil executives this week over the phone, will be meeting face-to-face with executives from tomorrow; will discuss Venezuela, according to FBN

18:49

UK PM Starmer says following a ceasefire, UK and France will build military hubs in Ukraine

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Context

The leasing of 400 megawatts indicates that companies are likely to invest more in infrastructure to support AI growth, reinforcing the perception of a lasting trend rather than a fleeting surge. This could have positive implications for related tech stocks and the broader equity market sentiment as firms adapt to the evolving demand.

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