AgenciesAI data center firm CoreWeave said on Monday it would buy crypto miner Core Scientific in an all-stock deal valued at about $9 billion.
The offer represents a $20.40 per share value and implies a…
AI
CoreWeave to acquire crypto miner Core Scientific
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Synopsis
AI data center firm CoreWeave announced on Monday it will acquire crypto miner Core Scientific in an all-stock deal. The move highlights CoreWeave’s push to expand its infrastructure for AI workloads by leveraging Core Scientific’s large-scale data center footprint, originally built for energy-intensive cryptocurrency mining operations.
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