This article was prepared using automated systems that process publicly available information. It may contain inaccuracies or omissions and is provided for informational purposes only. Nothing herein constitutes financial, investment, legal, or tax advice.
AI infrastructure provider CoreWeave has acquired Bitcoin mining giant Core Scientific in a $9 billion all-stock deal. The move significantly expands CoreWeave’s data center capacity to support AI and high-performance computing workloads.
- CoreWeave acquires Core Scientific in a $9 billion all-stock deal, expanding its AI and HPC infrastructure.
- Core Scientific shareholders will receive 0.1235 CoreWeave shares per CORZ share in the transaction.
- The deal gives CoreWeave access to 1.3 GW of power capacity with potential for over 1 GW more in expansion.
📎 Related coverage from: cointelegraph.com
Related Tags: Bitcoin