CoreWeave announces it will acquire digital infrastructure company Core Scientific in an all-stock deal
TechFlame
2025-07-07 12:34
TechFlame2025-07-07 12:34
English
According to TechFlame, according to Kim Ju, CoreWeave said it will acquire digital infrastructure company Core Scientific through an all-stock transaction. The value of the deal was $20.40 per share. The agreed share swap ratio meant the company was valued at around $9 billion.
Earlier, AI infrastructure company CoreWeave is in talks to acquire Bitcoin mining company Core Scientific.