AI cloud computing giant CoreWeave said Monday it would acquire data center provider Core Scientific in an all-stock transaction valued at $9 billion. The deal will see Core Scien

In turn, if CoreWeave proceeds with Core Scientific’s road map as planned, the company should gain an additional 1.3 GW of billable hosting power by 2027. As of the latest quarterly report delivered in early May, ending March, Core Scientific has $1.119 billion in total debt.