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CoreWeave to buy crypto miner Core Scientific in $9 billion deal

CoreWeave to buy crypto miner Core Scientific in $9 billion deal

CNA5 days ago
AI data center firm CoreWeave said on Monday it would buy crypto miner Core Scientific in an all-stock deal valued at about $9 billion.
The offer represents a $20.40 per share value and implies a premium of nearly 66 per cent to Core Scientific stock's close before potential deal talks were first reported.
The deal is expected to close in the fourth quarter, and the final price will be determined at that time, the companies said.
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Google hires Windsurf execs in $2.4 billion deal to advance AI coding ambitions
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