Coreweave is acquiring the data center infrastructure provider Core Scientific in a $9 billion all-stock transaction.

CoreWeave's acquisition of Core Scientific aims to verticalize data center ownership and cut $500 million in costs by 2027.

If the deal closes, CoreWeave won’t have to pay rent to Core Scientific, a longtime partner, on several data center sites.

CoreWeave stock’s valuation remains high and puts it at a higher risk profile. Check out why CRWV stock is upgraded to buy ...

CoreWeave, Inc. (NASDAQ:CRWV) is one of the Most Promising AI Stocks to Buy Now. Needham downgraded the company’s stock from ...

CoreWeave, Inc. (NASDAQ: CRWV) to acquire Core Scientific, Inc. (NASDAQ: CORZ) in $9B all-stock deal to enhance data center ...

CoreWeave will increase its potential data centre capacity by more than 2 gigawatts. For context, that’s approximately half ...

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

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The latest transaction values Core Scientific’s stock at $20.40 per share, according to CoreWeave’s statement. That ...

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