Coreweave to acquire core scientific

Livingston, n.j. & austin, texas--(business wire)--coreweave (nasdaq: crwv), the ai hyperscaler™, and core scientific (nasdaq: corz), a leading data center infrastructure provider, today announced that they have signed a definitive agreement under which coreweave will acquire core scientific in an all-stock transaction. under the terms of the merger agreement, core scientific stockholders will receive 0.1235 newly issued shares of coreweave class a common stock for each share of core scientific.
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