Get all your news in one place.

100’s of premium titles.
One app.

Get all your news in one place.

100’s of premium titles. One news app.

The Latest Breaking News from Core Scientific

CoreWeave Grabs Core Scientific—Yet Rising Expenses Fuel Doubt

As the demand for high-performance computing and artificial intelligence continues to surge, the recent acquisition of Core Scientific Inc. (NASDAQ:CORZ) by CoreWeave Inc. (NASDAQ:CRWV) signals a significant shift in the tech landscape. This move not only expands CoreWeave’s capacity to meet growing market needs but also raises questions about the…

Benzinga

CoreWeave’s $9 billion acquisition of Core Scientific provides an AI road map for struggling Bitcoin miners

CoreWeave was once all in on crypto. Now the AI company has helped another crypto miner pivot.

Fortune

CoreWeave's $9 Billion Bet Turns Crypto Miner Into AI Powerhouse

CoreWeave Inc (NASDAQ:CRWV) has announced an all-stock purchase of Core Scientific Inc (NASDAQ:CORZ) in a deal valued at about $20.40 per share, or roughly $9 billion, according to HC Wainwright.

Benzinga

From analysis to the latest developments in health,
read the most diverse news in one place.

This Core Scientific Analyst Is No Longer Bullish; Here Are Top 3 Downgrades For Tuesday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.

Benzinga

CoreWeave Seals the Deal to Buy Core Scientific. Should You Buy CRWV Stock Here?

CoreWeave shares are in focus as the AI infrastructure firm confirms plans of buying Core Scientific for $9 billion. Macquarie is sour on CRWV here.

Barchart

CoreWeave CEO Bets On 'Custom-Built Software Stack' To Outpace Rivals— But Calls Oracle A 'Formidable Competitor'

In a recent interview with CNBC, CoreWeave (NASDAQ:CRWV) CEO Michael Intrator acknowledged Oracle Corporation (NYSE:ORCL) as a strong rival in the artificial intelligence infrastructure sector.

Benzinga

CoreWeave's $9 Billion Power Play for Core Scientific

CoreWeave's acquisition of Core Scientific is a strategic move to vertically integrate its power supply, creating a powerful competitive advantage in AI.

MarketBeat

Read news from The Economist, FT, and more,
with one subscription

CoreWeave Just Valued Core Scientific Like It's 2021 Again

CoreWeave Inc (NASDAQ:CRWV) just made a big move — but the market didn't applaud. Shares of Core Scientific Inc (NASDAQ:CORZ) plunged nearly 21% on Monday, even as AI cloud provider CoreWeave announced it will acquire the Bitcoin (CRYPTO: BTC) miner in an all-stock deal.

Benzinga

AI hyperscaler buys its cryptomining partner for its AI GPUs and data center infrastructure — CoreWeave acquires Core Scientific in long-awaited move

CoreWeave, a minor AI hyperscaler, has bought out its longtime partner, Core Scientific, to take control of its data center infrastructure. The companies have worked together for a long time, both emerging from the cryptomining era into AI hyperscaling.

Tom’s Hardware

CoreWeave, Core Scientific Shares Move Lower On $9 Billion All-Stock Deal

CoreWeave Inc (NASDAQ:CRWV) and Core Scientific Inc (NASDAQ:CORZ) shares are moving lower Monday after the companies announced a merger deal.

Benzinga

3 Stocks With Near-Unanimous Buys That Could Rally Higher

Three firms with substantial analyst bullishness may be worth a closer look for investors looking to ride recent rallies.

MarketBeat

Galaxy Digital Stock Jumps 10% On Monday: What's Behind The Move?

Shares of Galaxy Digital Inc. (NASDAQ:GLXY) are trading higher Monday as interest in crypto-related equities continues to rise following several catalysts tied to institutional backing, AI infrastructure developments and broader sector momentum.

Benzinga

CoreWeave Could Buy Core Scientific. How Should You Play CORZ Stock Here?

Core Scientific stock soars on reports CoreWeave is once again interested in acquiring the AI infrastructure firm – but risks remain in owning CORZ shares at current levels.

Barchart

What's Going On With CoreWeave (CRWV) Stock?

Cloud infrastructure provider CoreWeave Inc (NASDAQ:CRWV) is in renewed discussions to acquire Bitcoin miner Core Scientific Inc., according to reports. Here’s why the stock has been volatile.

Benzinga

Get all your
news in one place.

100’s of premium titles.
One news app.

Benzinga

Core Scientific's Acquisition By CoreWeave 'Makes Strategic Sense,' Analysts Say

CoreWeave Inc. (NASDAQ:CRWV) is in talks to acquire Core Scientific Inc (NASDAQ:CORZ)

Barchart

Core Scientific Stock Rockets on CoreWeave Deal Talks. Should You Buy CORZ Here?

While Core Scientific stock gained significantly, it could only be the beginning. If CoreWeave moves forward with acquiring Core Scientific, the deal could come at a hefty premium.

Benzinga

CRWV–CORZ Potential Deal Could Unlock $2.8 Billion Hidden Value For Bitcoin Miner, Says Morgan Stanley

In a potential game-changer for the cryptocurrency mining sector, Morgan Stanley has forecasted that CoreWeave Inc.‘s (NASDAQ:CRWV) proposed acquisition of Core Scientific Inc. (NASDAQ:CORZ) could boost the Bitcoin (CRYPTO: BTC) miner’s market capitalization by an impressive $2.8 billion.

Benzinga

BigBear.Ai, Nike, Core Scientific, Cyngn, And Amazon: Why These 5 Stocks Are On Investors' Radars Today

The SP 500 index soared to record highs on Thursday, marking a significant recovery from the steep selloff experienced just a few months ago. The market rebound is driven by easing trade tensions, robust corporate earnings, and receding recession fears.

Get all your
news in one place.

100’s of premium titles.
One news app.

Benzinga

Crypto Mining Stocks Surge Thursday: What Happened?

Shares of crypto miners Applied Digital Corp (NASDAQ:APLD), Galaxy Digital Inc (NASDAQ:GLXY) and IREN Ltd (NASDAQ:IREN) all closed higher Thursday in sympathy with Core Scientific Inc (NASDAQ:CORZ). Core Scientific’s stock gained on reports that AI cloud firm CoreWeave Inc (NASDAQ:CRWV) is in discussions to acquire it.

Benzinga

Core Scientific Stock Surges On Acquisition Reports With CoreWeave

Shares of Core Scientific Inc. (NASDAQ:CORZ) are up Thursday following a report suggesting CoreWeave inc. (NASDAQ:CRWV) is in discussions to acquire the bitcoin mining and hosting company.

Barchart

This Brand-New ETF Lets Investors Take Advantage of Red-Hot Bitcoin Mining Stocks

Grayscale Investments has launched the Bitcoin Miners ETF (MNRS), a new fund that allows investors to tap into the growing Bitcoin mining sector.

Barchart

2 Bitcoin Mining Stocks to Buy for AI Data Center Upside

Here's why Bitcoin mining stocks such as Core Scientific and Iris Energy could be poised to tap into the AI boom in the upcoming decade.

Tom’s Hardware

Nvidia-backed AI cloud provider increases use of cryptocurrency mining facilities — CoreWeave expands contract as miners pivot to AI

CoreWeave has already expanded a relatively new contract for data center capacity to meet accelerating demand for its AI cloud services.

International Business Times

Bankruptcy Survivor Core Scientific Self-Mines $175M Worth Of Bitcoin In Q1

Core Scientific mined a significant amount of Bitcoin in the first quarter of the year, even as it just emerged from bankruptcy in January.

International Business Times

Once Bankrupt Core Scientific Mines $1.4B Worth Bitcoin In 2023

Core Scientific has bounced back from its bankruptcy in late 2022 due to the slump in Bitcoin prices to mine Bitcoin worth around $1.4 billion in 2023.

1 2 3

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

Read news from The Economist, FT, and more,
with one subscription

Topics

Artificial Intelligence

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.