Core Scientific Acquires Polaris DS for $421 Million to Boost AI Capacity
- Acquisition Overview: Core Scientific has agreed to acquire Polaris DS LLC for $421 million, aiming to expand its AI data center operations in Oklahoma, with the deal expected to close in Q3 2026, thereby enhancing the company's market position in high-density computing.
- Power Resource Enhancement: The acquisition will add 440 megawatts of contracted power through Oklahoma Gas and Electric, further solidifying its infrastructure at the Muskogee campus to meet future AI workload demands.
- Infrastructure Expansion Plans: Core Scientific is constructing a new 82.5-megawatt facility at the Muskogee campus, expected to be delivered in Q4 2027, which will increase its total capacity to one gigawatt, supporting the company's growth strategy in high-performance computing services.
- Financial Performance and Market Reaction: Despite Core Scientific's recent quarterly revenue of $79.8 million, down from $94.9 million year-over-year, its stock price rose about 9% following the infrastructure expansion announcement, reflecting investor confidence in the company's future growth potential.
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Technical Analysis for AI
Technical Sentiment Analysis for Sleepless AI (AI). As of , Sleepless AI (AI) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 2 indicators are flashing buy, while 1 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for AI stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, AI is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Sleepless AI (AI) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00958 | 0.0144 | 0.0186 | 0.0234 | 0.0276 | 0.0324 | 0.0366 |
| Fibonacci | 0.0144 | 0.0179 | 0.02 | 0.0234 | 0.0269 | 0.029 | 0.0324 |
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