New york: CoreWeave will buy crypto miner Core Scientific in an all-stock deal valued at about $9 billion, it said on Monday, as AI infrastructure firms race to secure the energy and data center capacity needed to power surging demand. According to Radio Television Brunei, Bitcoin miners' energy-intensive sites and power contracts, built during the crypto boom, have emerged as prime targets for AI companies expanding their computing infrastructure.
Post: CoreWeave to Buy Core Scientific in $9 Billion Deal to Meet AI Power Needs
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