Scientific News Bit Digital And Core Scientific Are Early Winners In The Ai Race Among Bitcoin Miners
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What a $9 billion takeover battle says about the next frontier in the AI arms race
A major shareholder has objected to CoreWeave's $9 billion offer to purchase Core Scientific. The teetering data center deal demonstrates how access to electricity is critical in the AI race. The ... Read More
Core Scientific Stock Heads For Worst Week In Nearly 3 Months Amid Crypto Selloff, CoreWeave Deal Uncertainty — But Retail Stays Upbeat
・Core Scientific derives a bulk of its total revenue from digital asset self-mining and hosted mining. ・Core Scientific shareholders are scheduled to vote on the deal to be bought by CoreWeave in a ... Read More
GPU Gold Rush: Why Bitcoin Miners Are Powering AI’s Expansion
When Core Scientific signed a $3.5 billion deal to host artificial intelligence (AI) data centers earlier this year, it wasn’t chasing the next crypto token — it was chasing a steadier paycheck. Once ... Read More
CoreWeave CEO Stands Firm on $9B Core Scientific Offer as Shareholder Opposition Mounts
CoreWeave (CRWV) CEO Michael Intrator told CNBC the company will not raise its $9 billion all-stock offer for bitcoin miner Core Scientific (CORZ), calling the acquisition a “nice to have, not a need ... Read More
Core Scientific stock: why is CoreWeave deal’s failure a positive for CORZ
Roth Capital analyst Darren Aftahi has turned bullish on Core Scientific Inc (NASDAQ: CORZ), even as its expected deal with CoreWeave (NASDAQ: CRWV) now appears increasingly unlikely. CORZ ... Read More
What a $9 billion takeover battle says about the next frontier in the AI arms race
You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. Follow Daniel Geiger Every time Daniel publishes a story, you’ll get an alert straight to your inbox! Read More
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