According to Deep Tide TechFlow, the artificial intelligence infrastructure company CoreWeave is in talks to acquire the bitcoin mining company Core Scientific. Previously, CoreWeave's offer of $5.75 per share in 2024 was rejected, valuing the company slightly above $1 billion.
As Core Scientific's stock price doubles to a market value of approximately $3.7 billion, the deal is expected to include premium clauses. If successful, the transaction could be completed in a few weeks.