CoreWeave Acquires Core Scientific in $9B AI Infrastructure Deal


CoreWeave Acquires Core Scientific in $9B AI Infrastructure Deal

📅 - AI hyperscaler CoreWeave (NASDAQ: CRWV) has reached a definitive agreement to acquire Core Scientific (NASDAQ: CORZ), a provider of high-performance data center infrastructure. The all-stock transaction is designed to support CoreWeave's vertical integration strategy, allowing it to internalize key infrastructure capabilities while improving cost structure and long-term scalability.

The acquisition comes just months after CoreWeave's successful initial public offering in March 2025 and is expected to materially transform the company's operational footprint. According to the agreement, Core Scientific shareholders will receive 0.1235 newly issued shares of CoreWeave Class A common stock [...][... Check source for end of article ...]
Tags: Data Center

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