COREWEAVE IN TALKS TO ACQUIRE CORE SCIENTIFIC

Nvidia-backed AI cloud provider CoreWeave is in advanced discussions to acquire Bitcoin miner Core Scientific, following a previously rejected $1 billion offer in 2024.

The potential deal underscores the growing convergence of cryptocurrency mining and AI infrastructure.

Core Scientific's shares surged over 25% on the news, reflecting investor optimism about the merger's prospects.

Source: @WhaleInsider