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CoreWeave, Scientific

MarketWatch on MSN · 5d

Why CoreWeave plans to buy Core Scientific — and why both stocks are dropping

The $9 billion deal is a play on AI power needs, but one analyst thinks the purchase price undervalues Core Scientific’s business and potential.

Reuters on MSN · 5d

CoreWeave to buy Core Scientific in $9 billion deal to meet AI power needs

CoreWeave will buy crypto miner Core Scientific in an all-stock deal valued at about $9 billion, it said on Monday, as AI infrastructure firms race to secure the energy and data center capacity needed to power surging demand.

CoreWeave to Acquire Core Scientific in $9B All-Stock Deal

The deal values Core Scientific shares at $20.40, a 66% premium to its price late last month, with each Core Scientific share being swapped for 0.1235 CoreWeave shares.

4d

CoreWeave Strikes $9B Deal to Acquire Core Scientific in AI Infrastructure Push

CoreWeave’s CEO said the acquisition will enhance the company’s performance and expertise as they "continue helping customers ...

5d

CoreWeave’s All-Stock Bid for Core Scientific Likely to Draw Shareholder Scrutiny: KBW

Deal valued at $20.40/share marks second acquisition attempt; KBW sees limited upside for Core Scientific shareholders.

5don MSN

Core Scientific purchase doesn't add any profits to CoreWeave, says D.A. Davidson's Gil Luria

Gil Luria, DA Davidson head of technology research, joins 'Squawk Box' to discuss the latest deal between CoreWeave and Core ...

5don MSN

These Stocks Are Moving the Most Today: Tesla, Nvidia, Core Scientific, WNS, Netflix, Shell, and More

Tesla shares fall as CEO Elon Musk says he plans to form a new political party after reigniting a feud with President Donald ...

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