<ul data-eligibleForWebStory="false"><li>CoreWeave, a US-based AI cloud-computing startup, acquires Core Scientific, a data center infrastructure provider, for $9 million in an all-stock deal.</li><li>The acquisition aims to accelerate CoreWeave's deployment of AI and HPC workloads at scale, enhancing operating efficiency and growth trajectory.</li><li>CoreWeave gains ownership of approximately 1.3 GW of power from Core Scientific's data center footprint, with possibilities for HPC contracts and crypto mining.</li><li>The deal, expected to close in the fourth quarter of 2025, aligns with CoreWeave's IPO strategy and anticipates $500 million in annual cost savings by 2027.</li></ul>

CoreWeave Acquires Core Scientific for $9 Million

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