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CoreWeave will buy crypto miner Core Scientific in an all-stock deal valued at about $9 billion, it said on Monday, as AI ...
CoreWeave (CRWV) is acquiring data center infrastructure provider Core Scientific (CORZ) in an all-stock deal.
CoreWeave’s CEO said the acquisition will enhance the company’s performance and expertise as they "continue helping customers ...
The $9 billion deal is a play on AI power needs, but one analyst thinks the purchase price undervalues Core Scientific’s ...
If the deal closes, CoreWeave won’t have to pay rent to Core Scientific, a longtime partner, on several data center sites.
The deal represents a $20.40-per-share value based on CoreWeave’s closing price of $165.20 on July 3, as well as an ...
Core Scientific shareholders will receive 0.1235 newly issued shares of CoreWeave for each share of Core Scientific they hold ...
CoreWeave announced its anticipated acquisition of Core Scientific on Monday. The deal has several benefits for CoreWeave and ...
Core Scientific's HPC and AI progress is overshadowed by investor concerns over its all-stock merger with CoreWeave.
Deal valued at $20.40/share marks second acquisition attempt; KBW sees limited upside for Core Scientific shareholders.
CoreWeave stock’s valuation remains high and puts it at a higher risk profile. Check out why CRWV stock is upgraded to buy ...