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CoreWeave, a GPU-cloud hyperscaler, acquires Core Scientific (formerly a large crypto-miner with 100+ MW data center footprint) for $9 billion.
Consolidates hyperscaler+owned-data-center model; signals massive capital redeploy from crypto to AI infrastructure, reducing GPU-cloud fragmentation.
Trade pressSlicast · July 7, 2025 22:00 · Global · Source: nbcsandiego.com
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Image / Slicast · Source: nbcsandiego.com
CoreWeave, a GPU-cloud hyperscaler, acquires Core Scientific (formerly a large crypto-miner with 100+ MW data center footprint) for $9 billion.
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