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News

CoreWeave Purchases Core Scientific

Insider Monkey on MSN · 13h
CoreWeave (CRWV) Makes $9 Billion Bet on Core Scientific to Power AI Growth
CoreWeave, Inc. (NASDAQ:CRWV) is one of the 10 AI Stocks Investors Are Watching This Week. On July 7, CoreWeave announced that it will buy crypto miner Core Scientific in an all-stock deal valued at about $9 billion.
MarketWatch · 2d
Why CoreWeave plans to buy Core Scientific — and why both stocks are dropping
The $9 billion deal is a play on AI power needs, but one analyst thinks the purchase price undervalues Core Scientific’s business and potential.
CNBC on MSN · 2d
CoreWeave to acquire Core Scientific in $9 billion all-stock deal
If the deal closes, CoreWeave won't have to pay rent to Core Scientific, a longtime partner, on several data center sites.
Nasdaq6d
Why CoreWeave Rallied 46.5% in June - Nasdaq
Shares of artificial intelligence (AI) neocloud CoreWeave (NASDAQ: CRWV) rocketed 46.5% in June, according to data from S&P Global Market Intelligence.
1d
CoreWeave $9 Billion Push to Expand AI Infrastructure
What really gets investors excited is the cost side: by folding Core Scientific's sites into their own network, CoreWeave (NASDAQ:CRWV) can wipe out over $10 billion in future lease bills spread ...

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