News with the tag "CoreWeave"

Core Scientific shares took a hit on Thursday, dropping 15% in pre-market trading. The decline occurred after reports surfaced that Microsoft had scaled back some of its agreements with CoreWeave. The news comes as CoreWeave, a cloud computing provider for artificial intelligence (AI), prepares for ...

Shares of bitcoin (BTC) miner Core Scientific (CORZ) were down 15% in pre-market on Thursday after reports that Microsoft (MSFT) has pulled back from some agreements with soon to listed cloud computing firm CoreWeave . Last month, Core Scientific said it was planning a $1.2 billion data center expan...

Cloud computing firm CoreWeave has plans to acquire AI developer platform Weights & Biases as it seeks to bolster its infrastructure offerings in the fast-expanding AI sector. The deal, which is expected to close in the first half of 2025, cost CoreWeave $1.7 billion, according to a report by The In...

Exciting news is breaking in the AI world that could ripple through the cryptocurrency space too! Imagine the infrastructure powering the next wave of AI breakthroughs – that’s what today’s big acquisition is all about. CoreWeave, a powerhouse in data center solutions backed by Nvidia, has just anno...

Artificial intelligence (AI) firm CoreWeave is planning to file for a public listing in the U.S. within a week, according to a Bloomberg report . The cloud computing firm wants to raise around $4 billion from the listing, the report said, citing people familiar with the matter. It is targeting a val...

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.

AI clusters and bitcoin mining operations have vastly different needs. Core Scientific's chief development officer gets down to the nitty gritty.

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 Partnership This contract extension could bring Core Scient...

CoreWeave has exercised its final option agreement with Core Scientific, adding 120 MW of critical IT infrastructure to power Nvidia GPU operations.

CryptoQuant’s data on September 24 revealed that the public Bitcoin miners Core Scientific had an increase of 248% in YTD (year-to-date) returns. The data showed that Core Scientific was far ahead of the other two publicly traded Bitcoin miners TeraWulf Inc. (WULF) and Iris Energy Limited (IREN), re...