Core Scientific reveals financial distress in SEC filing, says its end may be near

in lsdkhls •  2 years ago 

Core Scientific, a leading provider of artificial intelligence software, is in financial distress, according to a recent SEC filing. The company says its end may be near, and its creditors are now moving to seize its assets. This is a major blow to the AI industry, as Core Scientific was one of the leading providers of AI software.

Core Scientific's financial troubles are now public, and the company's future is uncertain. The SEC filing reveals that the company is in distress and may not be able to continue operating. Core Scientific's creditors are now moving to seize the company's assets, which could mean the end of the company. This is a developing story, and we will continue to update as more information becomes available.

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