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CoreWeave Acquires Bitcoin Mining Company Core Scientific for $9 Billion

[Jul 7 4:02 PM] Bitcoin Magazine CoreWeave Acquires Bitcoin Mining Company Core Scientific for $9 Billion CoreWeave (NASDAQ: CRWV), a major AI infrastructure company, announced today it will acquire Core Scientific (NASDAQ: CORZ), one of the largest Bitcoin mining…

Crypto Biz: SushiSwap bets on new roadmap against DEX competition

[Oct 25, 2024 9:00 PM] This week’s Crypto Biz also explores Tesla’s Bitcoin holds, Avalanche’s Visa card, Core Scientific’s billionaire deal with CoreWeave and Chainlink’s pilot for corporate databases.

Bitcoin Miners Are Pivoting to AI to Survive. Core Scientific Entered the Race Years Ago

[Oct 23, 2024 1:52 PM] AI clusters and bitcoin mining operations have vastly different needs. Core Scientific's chief development officer gets down to the nitty gritty.

BTC Miner Core Scientific Expands Contract With Coreweave, Eyes $8.7B in HPC Revenue

[Oct 22, 2024 5:45 PM] Core Scientific has revealed that Coreweave has chosen to expand its high-performance computing (HPC) infrastructure by another 120 megawatts (MW), pushing the total contracted capacity to around 500 MW. Core Scientific and Coreweave Extend…

Core Scientific to host more CoreWeave infrastructure, targets $8.7B revenue

[Oct 22, 2024 3:43 PM] CoreWeave has exercised its final option agreement with Core Scientific, adding 120 MW of critical IT infrastructure to power Nvidia GPU operations. 

Private Equity Giants Are Circling Bitcoin Miners on AI Allure

[Jul 5, 2024 9:38 AM] Private equity firms are now looking at bitcoin miners in a much more different way after Core Scientific signed 200MW deal with CoreWeave in June, the company’s CEO said in an exclusive interview with CoinDesk.

CoreWeave expands Core Scientific computing deal by $1.225B

[Jun 25, 2024 12:54 PM] Core Scientific is well-positioned to take advantage of new opportunities at its mining facilities.

Bitcoin miner Core Scientific strikes $3.5B AI partnership

[Jun 4, 2024 5:40 AM] Core Scientific expects that its AI collaboration with CoreWeave will generate $3.5 billion over 12 years from renting out 18% from its infrastructure.

Microsoft pens AI cloud computing deal with former Ethereum miner CoreWeave: CNBC

[Jun 2, 2023 8:19 PM] The reported deal comes just a few days after CoreWeave announced an additional $200 million worth of funding via an extended Series B funding round.

Former Ethereum miner CoreWeave raises $221M in Series B

[Apr 20, 2023 2:49 PM] The company ceased its Ether mining operations long before the Merge Upgrade was completed.