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

Tehnologie

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 to power surging demand. Bitcoin miners' energy-intensive sites and power contracts, built during the crypto boom, have emerged as prime targets for AI companies expanding their computing infrastructure. The deal will help in the immediate elimination of more than $10 billion of cumulative future

Tag-uri: Bitcoin

Nvidia-backed CoreWeave to buy crypto miner Core Scientific in $9 billion deal https://www.channelnewsasia.com/ - 07.07.2025 17:14

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Nvidia-backed CoreWeave to buy crypto miner Core Scientific in $9 billion deal https://www.channelnewsasia.com/ - 07.07.2025 17:14