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CoreWeave Purchases Core Scientific

TechRepublic · 1d

CoreWeave Strikes $9B Deal to Acquire Core Scientific in AI Infrastructure Push

CoreWeave’s CEO said the acquisition will enhance the company’s performance and expertise as they "continue helping customers unleash AI’s full potential."

MarketWatch on MSN · 2d

Why CoreWeave plans to buy Core Scientific — and why both stocks are dropping

The $9 billion deal is a play on AI power needs, but one analyst thinks the purchase price undervalues Core Scientific’s business and potential.

CoreWeave to Acquire Core Scientific in $9B All-Stock Deal

The deal values Core Scientific shares at $20.40, a 66% premium to its price late last month, with each Core Scientific share being swapped for 0.1235 CoreWeave shares.

21hon MSN

CoreWeave’s $9 billion acquisition of Core Scientific provides an AI road map for struggling Bitcoin miners

Amid the tightening sector, other Bitcoin mining operations have also lent their data warehouses out to AI companies, which ...

13d

Core Scientific shares surge 33% on report of buyout talks with CoreWeave

Core Scientific shares surged 35% on Thursday following a report from the Wall Street Journal that AI infrastructure vendor ...

2don MSN

Core Scientific purchase doesn't add any profits to CoreWeave, says D.A. Davidson's Gil Luria

Gil Luria, DA Davidson head of technology research, joins 'Squawk Box' to discuss the latest deal between CoreWeave and Core ...

2don MSN

These Stocks Are Moving the Most Today: Tesla, Nvidia, Core Scientific, WNS, Netflix, Shell, and More

Tesla shares fall as CEO Elon Musk says he plans to form a new political party after reigniting a feud with President Donald ...

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