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AI News from ET - CoreWeave to acquire crypto miner Core Scientific

Vishwadeep Khatri
in AI News & Two Lenses

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AI data center firm CoreWeave announced on Monday it will acquire crypto miner Core Scientific in an all-stock deal. The move highlights CoreWeave’s push to expand its infrastructure for AI workloads by leveraging Core Scientific’s large-scale data center footprint, originally built for energy-intensive cryptocurrency mining operations.

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