CoreWeave Inc.’s $9 billion acquisition of Core Scientific Inc. has thrown investors holding the smaller company’s ...

Amid the tightening sector, other Bitcoin mining operations have also lent their data warehouses out to AI companies, which ...

CoreWeave stock slipped after the Nvidia partner said it will acquire Core Scientific in an all-stock deal valued at around ...

CoreWeave announced its anticipated acquisition of Core Scientific on Monday. The deal has several benefits for CoreWeave and ...

CoreWeave Inc acquires Core Scientific Inc for $9 billion, with expected cost savings and transformation to direct ownership ...

CoreWeave, Inc. (NASDAQ: CRWV) to acquire Core Scientific, Inc. (NASDAQ: CORZ) in $9B all-stock deal to enhance data center ...

CoreWeave's acquisition of Core Scientific aims to verticalize data center ownership and cut $500 million in costs by 2027.

CoreWeave’s $9 billion acquisition of Core Scientific boosts its AI infrastructure with 1.3 gigawatts capacity, driving ...

The acquisition, which CoreWeave said is expected to close in the fourth quarter, was an all-stock deal for about $9 billion.

CoreWeave’s $9 billion all-stock deal to acquire Core Scientific sent shares lower as analysts raised concerns over profitability and lingering crypto market volatility.

At the $9 billion acquisition value, that means CoreWeave is acquiring these cost savings at an 18 forward P/E multiple.