CoreWeave Inc. Acquires Core Scientific Inc. For $9 Billion In All-Stock Deal

CoreWeave Inc. has agreed to acquire Core Scientific Inc. in an all-stock deal valued at about $9 billion. The transaction values Core Scientific’s shares at a 66% premium and is expected to close in Q4 2025, aiming to enhance CoreWeave's AI and high-performance computing data center capacity through Core Scientific’s 1.3 gigawatts of power infrastructure.

Summary of transaction details:

• Deal Type: Acquisition
• Transaction Amount: $9,000,000,000
• CoreWeave Inc. CEO: Michael Intrator
• CoreWeave Inc. Headquarters: Not specified
• Core Scientific Inc. Headquarters: Not specified

CoreWeave Inc. is strategically positioned to scale AI workloads, responding to the growing demand for data center space. The acquisition is a significant move to expand its operational capabilities and increase its foothold in the high-performance computing market.