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Michael Intrator, CoreWeave CEO, stated that the acquisition of Core Scientific by CoreWeave will advances their AI and HPC (High Performance Computing) deployment strategy while improving efficiency.
CoreWeave announced that it is acquiring Core Scientific in a $9 billion all-stock deal aimed at expanding its AI infrastructure.
Core Scientific is a large-scale owner and operator of digital infrastructure focused on bitcoin mining and hosting services in North America.
CoreWeave is a cloud and AI infrastructure firm.

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