CoreWeave to acquire Core Scientific in $9 billion all-stock deal

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CoreWeave announced it will acquire data center provider Core Scientific in a $9 billion all-stock deal, aiming to boost its AI infrastructure. The acquisition will cut $10 billion in lease obligations and enhance efficiency, expanding CoreWeave’s U.S. data center capacity to 1.3 gigawatts with room for growth. The deal, expected to close in late 2025, values Core Scientific at a 66% premium, with its shareholders receiving CoreWeave shares but owning less than 10% of the combined company, CNBC has reported. read more: 👍 Like this video to stay updated on major tech deals shaping the AI infrastructure boom. 💬 Comment below—what do you think about CoreWeave’s $9 billion acquisition plan? 🔗 Share this video to help others follow the biggest moves in the tech industry 💰 Support the channel by donating via the YouTube Thanks button—your help keeps these updates coming 👉 Don’t forget to subscribe for the latest on AI, tech mergers, and business news Thanks for watching and supporting the channel. Links for B.C. Visit My Website Follow Me On Facebook / b.c.begley Subscribe To My Patreon / bcbegley Watch Me On YouTube / @b.c.begley6007 Follow Me On Twitter / bc_news1 Watch Me On Rumble Follow Me On Gab Follow Me On Truth Social Follow Me On BlueSky Watch Me On TikTok / bcbegley #CoreWeave #AIDatacenters #TechAcquisition #shorts