CoreWeave resumed acquisition discussions with Core Scientific, which supplies infrastructure to CoreWeave, whose clients include major companies like Microsoft and OpenAI.
4 reports, 0 independent
Updated Jun 30
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What happened
CoreWeave resumed acquisition discussions with Core Scientific, which supplies infrastructure to CoreWeave, whose clients include major companies like Microsoft and OpenAI.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- PJT Partners renewed buyout talks regarding CoreWeave, which is involved in AI infrastructure.Sub-event
- CoreWeave details its infrastructure partnership with Core Scientific and its key clients (OpenAI, Microsoft).
Keep exploring
Part of
CoreWeave is pivoting from crypto mining to AI infrastructure, utilizing its assets to support high-performance computing needs.Also in this story
- Core Scientific provides specialized data centers for CoreWeave, which is simultaneously seeking to convert lease expenses to owned assets.
- Jensen Huang reports on company performance as Laffont shifts investment from Nvidia to CoreWeave.
The entities involved
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CoreWeave
American cloud computing company
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Core Scientific
company
Related events
- CoreWeave is establishing strategic business ties with both Meta and OpenAI, serving as a leading AI cloud customer for both, while also securing equity investment from Nvidia.
- Core Scientific rejected CoreWeave's acquisition offer while simultaneously granting AMD access to its data-center capacity.
- Meta secured a $21 billion AI infrastructure deal with CoreWeave, while also pouring billions into AI data centers.
- CoreWeave, a major cloud provider, has expanded its customer base to include Meta, Microsoft, Anthropic, and OpenAI, utilizing Nvidia GPUs for AI workloads.
- Both Abilene and Georgia are hosting major AI infrastructure projects, with OpenAI utilizing flagship sites for its AI expansion.
Coverage
Newest first; wire copies grouped- Unknown outlet
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