Monday, July 7, 2025

CoreWeave says it has agreed to acquire bitcoin miner Core Scientific in a ~$9B all-stock deal, set to close in Q4 2025, to expand its AI data center capacity (Dana Wollman/Bloomberg)

Dana Wollman / Bloomberg:
CoreWeave says it has agreed to acquire bitcoin miner Core Scientific in a ~$9B all-stock deal, set to close in Q4 2025, to expand its AI data center capacity  —  The transaction values Core Scientific's stock at $20.40 per share, according to a statement from CoreWeave on Monday.



at
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Mistral CEO Arthur Mensch says the startup's annualized revenue run rate was "north of $400M", up from $20M a year ago, and it is set to hit $1B ARR by 2026-end (Financial Times)

Financial Times : Mistral CEO Arthur Mensch says the startup's annualized revenue run rate was “north of $400M”, up from $20M a year ...