Core Scientific to host more CoreWeave infrastructure, targets $8.7B ...

The revised partnership is expected to generate up to $8.7 billion in revenue over the next 12 years for Core Scientific. Core Scientific’s stock, CORZ, is up 5.1% at the time of this writing ... Read More

Why CoreWeave's Acquisition of Core Scientific Is a Brilliant Move

CoreWeave announced its anticipated acquisition of Core Scientific on Monday. The deal has several benefits for CoreWeave and very little risk. On Monday, July 7, AI infrastructure darling CoreWeave ... Read More

CoreWeave Strikes $9B Deal to Acquire Core Scientific in AI Infrastructure Push

CoreWeave’s CEO said the acquisition will enhance the company’s performance and expertise as they "continue helping customers unleash AI’s full potential." ... Read More

CoreWeave acquires Core Scientific for $9B to power AI infrastructure push

With AI infrastructure demand skyrocketing, GPU-rich crypto facilities are being repurposed for enterprise computing, offering speed, scale, and new operational risks. Read More

CoreWeave to buy Core Scientific in $9 billion deal to meet AI power needs

CoreWeave will buy crypto miner Core Scientific in an all-stock deal valued at about $9 billion, it said on Monday, as AI infrastructure firms race to secure the energy and data center capacity needed ... Read More

CoreWeave to buy Core Scientific in $9B all-stock deal

CoreWeave expects to generate significant cost savings through streamlining business operations and eliminating lease overhead. Read More

Core Scientific to Provide Approximately 200 MW of Infrastructure to ...

Core Scientific to Provide Approximately 200 MW of Infrastructure to Host CoreWeave’s High-Performance Computing Services, Capturing Significant AI Compute Opportunity Jun. 03, 2024 8:38 PM ET ... Read More

Core Scientific Announces New Contract with CoreWeave for Delivery of ...

From revenue to gross margin, the new contract with CoreWeave is expected to enhance earnings power and drive shareholder value, adding an additional $1.225 billion in projected cumulative revenue ... Read More

Core Scientific Announces Exercise of Additional Contract ... - Nasdaq

Core Scientific, Inc., a leader in digital infrastructure for bitcoin mining and high-performance computing, today announced that CoreWeave, the AI Hyperscaler, has exercised its option to ... Read More

Core Scientific to host more CoreWeave infrastructure, targets $8.7B ...

Core Scientific to host more CoreWeave infrastructure, targets $8.7B revenue CoreWeave has exercised its final option agreement with Core Scientific, adding 120 MW of critical IT infrastructure to ... Read More