The artificial-intelligence company, which went public earlier this year, said the deal will help it verticalize its data center footprint, resulting in revenue growth and enhanced profitability.
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CoreWeave to acquire Core Scientific in $9b deal
“This acquisition accelerates our strategy to deploy AI and high-performance computing workloads at scale,” Chief Executive Michael Intrator said Monday. He added that the purchase will enable CoreWeave to improve its operating efficiency and de-risk future expansion.
