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CoreWeave, Scientific

CoreWeave to buy Core Scientific in $9 billion deal to meet AI power needs

CoreWeave will buy crypto miner Core Scientific in an all-stock deal valued at about $9 billion, it said on Monday, as AI infrastructure firms race to secure the energy and data center capacity needed to power surging demand.

CoinDesk · 6d

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.

Benzinga · 2d

Core Scientific Downgraded Over Concerns On Acquisition Deal

Core Scientific's HPC and AI progress is overshadowed by investor concerns over its all-stock merger with CoreWeave.

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 ...

CoinDesk4d

Core Scientific Sale Sale Sets Floor Price for Bitcoin Miners: JPMorgan

CoreWeave said Monday it had agreed to buy Core Scientific in an all-stock transaction valuing the bitcoin miner at about $20.40 per share, based on recent closing prices. The bank's analysts noted ...

5don 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 ...

5don 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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