CoreWeave will acquire Core Scientific, one of the largest Bitcoin mining companies, in a $9 billion all-stock deal. The move signals a shift as CoreWeave plans to repurpose much of Core Scientific’s mining capacity for AI and computing.
CoreWeave will acquire Core Scientific, one of the largest Bitcoin mining companies, in a $9 billion all-stock deal. The move signals a shift as CoreWeave plans to repurpose much of Core Scientific’s mining capacity for AI and computing.
That valuation makes absolutely no sense. A down turn in Bitcoin and ai will make them involvement...again.
A 10 year ROInin current dollars? Good lord
#fuckfiat
