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WHTop → 📋 News → 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 ...]
📅 - NVIDIA Plans Major Tech Campus Investment in Northern Israel - NVIDIA is planning a major expansion in Israel with the potential development of a multibillion-dollar technology campus. The company is currently exploring land acquisition opportunities in northern Israel, with the intent to build a site that could span between 80,000 and 180,000 square meters.
The preferred location is within proximity to its existing headquarters in Yokneam, and NVIDIA is specifically targeting parcels of land sized between 70 and 120 dunams.
To facilitate the search, real estate consultancy Colliers has been engaged to help identify suitable sites, focusing on the region between Zichron Yaakov and the Krayot.
A two-week submission deadline for proposals signals the [...]
📅 - Colt and Kevlinx Expand Partnership for AI Infrastructure in Europe - Colt Technology Services and Kevlinx Data Centers have announced the expansion of their strategic partnership, signaling a deepened commitment to building robust, AI-ready digital infrastructure across Europe. The enhanced collaboration centers on Kevlinx's flagship BRU01 facility in Brussels, a newly launched Tier III quality data center designed to meet the escalating demands of high-performance computing and artificial intelligence workloads.
Kevlinx's BRU01 campus is positioned at the heart of Europe's FLAPD region - Frankfurt, London, Amsterdam, Paris, and Dublin - placing it in a prime location to support cross-border digital services and cloud connectivity. Occupying 24,000 square [...]
📅 - Deutsche Telekom Chooses IBM Concert for AI-Driven IT Automation - Deutsche Telekom, one of the world's leading providers of IT and telecommunications services, has chosen IBM Concert, an AI-powered automation platform, to streamline and accelerate its IT operations, with a specific focus on patch management and security-related task coordination. The deployment aims to enhance operational resilience, reduce risk, and improve efficiency across the company's expansive digital infrastructure, which serves millions of residential and enterprise customers globally.
Patch management plays a vital role in software lifecycle maintenance. In modern enterprise environments, where system updates are essential to safeguard stability and relevance, the timely [...]
📅 - Groq Expands to Europe with New Data Center Deployment in Helsinki - AI inference technology company Groq has officially announced the expansion of its data center network into Europe with the launch of its first facility in Helsinki, Finland. The move marks a strategic milestone for the company as it works to meet growing demand across the European market for scalable, low-latency, and cost-effective AI infrastructure.
Founded by Jonathan Ross, Groq (not to be confused with Elon Musk's Grok) is known for its purpose-built Language Processing Unit (LPU) systems, optimized for real-time AI inference at scale. The company's approach is particularly attractive to organizations seeking high performance with predictable pricing models - an increasingly critical [...]
📅 - KIOXIA AiSAQ Boosts AI RAG with Updated Vector Search Library - With the help of the new open-source release's configurable controls, system architects can now determine the ideal balance between search speed and vector count, two parameters that are mutually exclusive given the system's set SSD storage capacity. The ensuing advantage allows RAG system architects to precisely balance particular workloads and their needs without requiring any changes to the hardware.
The new approximate closest neighbor search (ANNS) algorithm used by KIOXIA AiSAQ software, which was first released in January 2025, is optimized for SSDs and does not require index data to be stored in DRAM. The limitations imposed by limited DRAM capacity are significantly eliminated by [...]
📅 - LG Sets Sights on Becoming Leading Global HVAC Provider - LG Electronics has announced a significant strategic push to become a global leader in HVAC systems, with a special focus on AI-driven data center infrastructure. Unveiled at a press event at LG Sciencepark in South Korea on July 8, the company outlined a growth roadmap aimed at expanding its Energy Solutions (ES) division, targeting KRW 20 trillion (approximately USD 14.5 billion) in HVAC revenue by 2030.
This long-term strategy is set to be driven by increasing demand for AI data centers and the need for energy-efficient and high-performance cooling systems in industrial and commercial environments.
With the proliferation of generative AI and large-scale data processing, modern data [...]