Bitcoin mining company Core Scientific (CORZ) has secured a $500 million 364-day credit facility from Morgan Stanley, with an option to increase the total amount to $1 billion in the future. This financing aims to provide liquidity support for the company's transition into the artificial intelligence (AI) and high-density colocation data center sectors. Currently, the company is upgrading its existing facilities in Texas and other locations into high-performance computing (HPC) infrastructure to meet the growing demand for AI workloads. (TheBlock) http://(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=57644