CoreWeave to acquire Core Scientific in $9 billion all-stock deal
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CoreWeave to Acquire Core Scientific
July 7, 2025 8:27 AM EDTVerticalizes Data Center Ownership to Help Future-Proof Revenue Growth and Enhance Core Profitability
LIVINGSTON, N.J. & AUSTIN, Texas--(BUSINESS WIRE)-- CoreWeave (NASDAQ: CRWV), the AI Hyperscaler, and Core Scientific (NASDAQ: CORZ), a leading data center infrastructure provider, today announced that they have signed a definitive agreement under which CoreWeave will acquire Core Scientific in an all-stock transaction. Under the terms of the merger agreement, Core Scientific stockholders will receive 0.1235 newly issued shares of CoreWeave Class A common stock for each share of Core... More
