CoreWeave (NASDAQ: CRWV), a major AI infrastructure company, announced today it will acquire Core Scientific (NASDAQ: CORZ), one of the largest Bitcoin mining and data center firms, in an all ...

In turn, if CoreWeave proceeds with Core Scientific’s road map as planned, the company should gain an additional 1.3 GW of ...

AI infrastructure firm CoreWeave's (CRWV) deal to buy Core Scientific (CORZ) will raise the valuation floor for bitcoin (BTC) ...

Artificial intelligence hyperscaler CoreWeave has said it will acquire Core Scientific in an all-stock deal valued at $9 ...

Bitcoin mining is responsible for the operation of the asset’s blockchain. Cointelegraph offers up-to-date news and in-depth articles on the BTC mining scene.

CoreWeave’s $9 billion acquisition of Core Scientific boosts its AI infrastructure with 1.3 gigawatts capacity, driving ...

AI cloud provider CoreWeave acquires crypto-miner Core Scientific in a $9B all-stock deal, securing over 2.3 GW of power for ...

Core Scientific shares rallied this week on reports Nvidia-backed CoreWeave is in discussions to buy the Bitcoin mining and ...

The all-stock deal gives CoreWeave control of 1.3 GW of data center capacity, marking a shift from Bitcoin to AI ...

However, by January 2024, Core Scientific pivoted from Bitcoin mining to high performance computing (HPC) and AI hosting. In addition to reducing debt by ~$1 billion, it was CoreWeave that boosted ...

Bitcoin mining company Core Scientific has revealed that AI infrastructure firm CoreWeave will acquire it in an all-stock transaction for $9 billion.