CoreWeave planned an all-stock acquisition of Core Scientific and built data centers powered by Nvidia GPUs.
16 reports, 8 independent
Updated Sep 11
Gone quiet
Reached 8 outlets in its first 24 hours
- Reports
- 16
- Developments
- 4
- Repetition
- 75%
New informationRepeats or wire copies
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
CoreWeave planned an all-stock acquisition of Core Scientific and built data centers powered by Nvidia GPUs.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.CoreWeave expands its infrastructure footprint via acquisition and GPU data center buildout.1 source
CoreWeave acquires Core Scientific and invests in new data centers in Lancaster and Kenilworth.1 source
CoreWeave is acquiring Core Scientific, which has significant stakes held by BlackRock and Vanguard.1 source
- CoreWeave is exploring an acquisition of Core Scientific, which is based in Austin and provides hosting capacity for CoreWeave, which also serves clients like Microsoft.
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The entities involved
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CoreWeave
American cloud computing company
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Core Scientific
company
Related events
- Core Scientific rejected CoreWeave's acquisition offer while simultaneously granting AMD access to its data-center capacity.
- CoreWeave attracted investors interested in its business and continues to rent GPU-powered cloud capacity.
- CoreWeave, a cloud provider, is listed on the Nasdaq and holds inventory of Nvidia GPUs.
- CoreWeave, Oracle, and Nvidia are competing for AI cloud revenue by utilizing scarce GPUs for data center capacity.
- CoreWeave, a major cloud provider, utilizes Nvidia GPUs and holds a significant stake from Nvidia while competing with Microsoft and Meta.
Coverage
Newest first; wire copies grouped- Motley FoolWhere Will CoreWeave Stock Be in 5 Years? CoreWeave stock lost half of its value since hitting a 52-week high less than three months ago. Multiple concerns are weighing on the stock, but the company'
- BlockspaceTwo Seas Capital urges Core Scientific shareholders to block $9 billion CoreWeave deal Two Seas Capital filed a preliminary proxy statement dated September 3 urging Core Scientific (CORZ) stockholder
- Motley FoolWhy CoreWeave Stock Plunged Today CoreWeave announced it would buy Core Scientific in a deal worth $9 billion. CoreWeave stock has plummeted since it reported Q2 results on Aug. 12. The structure of
- Motley FoolWhy CoreWeave Stock Is Plummeting Today CoreWeave stock is falling as its all-stock Core Scientific acquisition loses value. The deal’s notional worth has dropped nearly 50%, leading to at least some
- ZacksCoreWeave's Upbeat Outlook: Are Expanding Data Centers at the Core? For the second consecutive quarter, CoreWeave, Inc. (CRWV) has raised its full-year revenue outlook. The company now projects 2025
- CoinDeskCore Scientific Faces Valuation Disconnect; PT Hiked to $22: Jefferies Core Scientific (CORZ) reported weaker-than-expected revenue but topped adjusted EBITDA estimates in its second-quarter 2025 res
- BloombergCoreWeave IPO Investors Sitting on Big Gains Get Chance to Sell (Bloomberg) -- CoreWeave Inc.’s March initial public offering has been a roaring success for anyone lucky enough to get in at the start
- Investopedia5 Things to Know Before the Stock Market Opens U.S. stock futures are gaining after the Nasdaq and S&P 500 closed at fresh record highs yesterday following a tame inflation report; CoreWeave (CRWV) s
- Insider MonkeyCoreWeave (CRWV) Surges 7.9% Ahead of Q2 Earnings Today We recently published Wall Street Shockers: 10 Stocks on Fire. CoreWeave Inc. (NASDAQ:CRWV) is one of the best-performing stocks on Monday. Cor
- ReutersCore Scientific's largest shareholder to vote against sale to CoreWeave (Reuters) -Two Seas Capital, the largest shareholder of Core Scientific (CORZ), issued an open letter on Thursday saying it wou
- CoinDeskBitcoin Miner Core Scientific’s Third Largest Shareholder Opposes CoreWeave Deal Two Seas Capital, the third largest shareholder in Core Scientific (CORZ) with a 6.3% stake, has come out against the
- BlockspaceCore Scientific’s largest active shareholder to oppose CoreWeave deal The largest active shareholder in Core Scientific (NASDAQ: CORZ), Two Seas Capital, will vote no on its pending acquisition by AI
- Insider MonkeyCore Scientific (CORZ) Nosedives 30% After $9-Billion CoreWeave Merger Announcement Core Scientific, Inc. (NASDAQ:CORZ) is one of the stocks drowned heavily. Are you holding any? Core Scientific nose
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