CoreWeave reportedly seeking to acquire data center operator Core Scientific - SiliconANGLE

▤ Summary

CoreWeave is reportedly in talks to acquire Core Scientific, one of its key infrastructure partners. The deal could close within weeks, and the reported purchase follows years of deepening dependence between the two companies. Core Scientific now operates AI-focused data centers and has contracts with CoreWeave expected to generate more than $10 billion over 12 years. The acquisition would further expand CoreWeave’s AI cloud infrastructure and could strengthen its control over the underlying capacity it uses to serve customers.

▦ Linked Companies

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