Reported 23 days ago
CoreWeave has announced a $9 billion all-stock acquisition of Core Scientific, a provider of data center infrastructure. This deal will give CoreWeave access to over a gigawatt of data center capacity, sufficient to power over 850,000 homes, aimed at supporting AI training and inference workloads. Previously known for Bitcoin mining, Core Scientific's GPUs will now focus on generative AI models as demand for data center capacity surges among cloud infrastructure providers.
Source: YAHOO