
CoreWeave, Core Scientific stocks sink after companies confirm $9 billion deal amid AI data center boom
The AI Cloud Computing Coreweave (CRWV) said on Monday that it acquires the Core Scientific (CORZ) data center supplier in an All-Stock transaction worth $ 9 billion. The agreement will see basic scientific investors granted to 0.1235 Coreweave shares for each part of Core Scientific. The actions of the two companies fell sharply following the…