WSJ: CoreWeave is in talks to acquire Core Scientific

BlockBeats News: On June 27th, according to The Wall Street Journal, CoreWeave is in talks to acquire Core Scientific. About a year ago, this artificial intelligence company attempted to acquire this digital infrastructure company, but it ended in failure. Insiders say that as long as negotiations are not hindered, the deal may be finalized in the coming weeks. The specific terms of the negotiations are currently unclear, but Core Scientific has been growing rapidly recently and may receive a significant premium. CoreWeave provides cloud infrastructure for artificial intelligence capabilities and is a partner of several large technology companies. According to its initial public offering documents, Microsoft is its largest customer, accounting for 62% of CoreWeave's revenue in 2024. CoreWeave acts as a liaison to lease the right to use Nvidia graphics processing units for companies such as Meta and IBM.