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AI Infrastructure Boom: Core Scientific Rejects CoreWeave’s Staggering $9 Billion Acquisition
BitcoinWorld AI Infrastructure Boom: Core Scientific Rejects CoreWeave’s Staggering $9 Billion Acquisition In a move that has sent ripples across both the artificial intelligence and cryptocurrency se...
Core Scientific Stock Gains 5% After $9B CoreWeave Merger Rejected
The widely-panned takeover attempt failed a shareholder vote failed a shareholder vote.on Thursday.
Core Scientific Acquisition: Shareholders Deliver Decisive Rejection to CoreWeave
BitcoinWorld Core Scientific Acquisition: Shareholders Deliver Decisive Rejection to CoreWeave The cryptocurrency world recently saw a significant development: the proposed Core Scientific acquisition...
Core Scientific’s Q3 2025 revenue fell to $81.1 million as it shifted focus from Bitcoin mining
Core Scientific has reported a decline in third-quarter revenue as the US-based digital infrastructure provider transitions away from Bitcoin mining and toward high-density colocation (HDC) services, ...
ISS opposes $9 billion CoreWeave merger with Core Scientific
Institutional Shareholder Services (ISS) on Monday told investors to vote against the $9 billion acquisition of Core Scientific by CoreWeave, saying the data-center operator has done well enough on it...
Wall Street deals with circular money machine risks as AI firms fund demand boom
Wall Street is facing a strange kind of storm, where the same companies behind the AI boom are also now funding the very demand that brings them profits, and it is starting to look less like collabora...
CoreWeave chief dismisses talk of circular AI funding
CoreWeave CEO Michael Intrator slammed “flawed” circular investment claims. He said the significant AI partnerships represent actual infrastructure expansion rather than Big Tech money that has been r...
OpenAI signs over $1T in compute deals to power ChatGPT
OpenAI has signed more than $1 trillion worth of compute deals this year, chasing the infrastructure it says it needs to power services like ChatGPT. But with only $12 billion in revenue, the numbers ...
OpenAI adds more sites, Nvidia ramps up stake
CoreWeave has added another $6.5 billion to its cloud supply deal with OpenAI, taking the total value of their partnership to $22.4 billion. This is the third major expansion of the deal in just one y...
Nvidia secures $6.3B backstop deal with CoreWeave through 2032
Nvidia just locked in a $6.3 billion agreement with CoreWeave, giving the New Jersey-based data center firm one hell of a guarantee. Announced Monday, the deal ensures that Nvidia will cover any unuse...
CoreWeave’s CEO says AI demand is overwhelming and still growing across sectors like enterprise, government, and AI labs
CoreWeave is not seeing any slowdown in AI demand. At the Goldman Sachs Communacopia event on Tuesday, co-founder and CEO Michael Intrator said the market is still growing faster than anyone can handl...
CoreWeave unveils venture fund to accelerate startup growth
CoreWeave, a cloud infrastructure company specializing in AI workloads, announced today the launch of a venture capital arm to invest in AI-focused startups. The company’s stock jumped to over 4.6% fo...