CoreWeave Acquires Core Scientific in $9 Billion Stock Deal, Expanding Data Center Capacity for AI Workloads
CoreWeave, a technology company, announced on Monday that it has signed a $9 billion all-stock deal to acquire Core Scientific, a data center infrastructure provider. This acquisition will provide CoreWeave with access to more than a gigawatt of data center capacity, equivalent to the energy needed to power over 850,000 homes. The additional capacity will enable CoreWeave to rent out data center space specifically designed for AI training and inference workloads. Notably, both CoreWeave and Core Scientific[…]