<ul data-eligibleForWebStory="false"><li>CoreWeave is set to acquire Core Scientific in a $9 billion all-stock deal, expected to close in Q4 2025.</li><li>The acquisition aims to eliminate over $10 billion in future lease obligations and generate $500 million in annual cost savings by 2027.</li><li>This deal signifies a growing convergence between AI infrastructure and crypto mining, with a possible shift towards high-performance computing.</li><li>The acquisition could lead to CoreWeave repurposing parts of Core Scientific's infrastructure or potentially divesting from the crypto mining business in the future.</li></ul>

CoreWeave Buys Core Scientific in $9B AI Mining Shakeup

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