Announced
Synopsis
CoreWeave, an American cloud-computing startup, offered to acquire Core Scientific, a provider of blockchain and AI-related services, for $9bn. “This acquisition accelerates our strategy to deploy AI and HPC workloads at scale. Verticalizing the ownership of Core Scientific’s high-performance data center infrastructure enables CoreWeave to significantly enhance operating efficiency and de-risk our future expansion, solidifying our growth trajectory. Owning this foundational layer of our platform will enhance our performance and expertise as we continue helping customers unleash AI’s full potential,” Michael Intrator, CoreWeave CEO, Chairman, and Co-Founder.
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