Acquiring Company
CoreWeave
Acquired Company
Core Scientific
LivingstonAustinInformation TechnologyProfessional ServicesSoftwareData And AnalyticsDescription
CoreWeave has announced its $9 billion all-stock acquisition of Core Scientific as part of its strategy to enhance data center ownership and power scalability. This acquisition aims to address key constraints faced by AI infrastructure providers and eliminate future lease payments, resulting in significant cost savings. While the move is seen as a strategic pivot, concerns over valuation and execution risks have been raised by analysts.
Quick answer
CoreWeave is acquiring Core Scientific for $9 billion, announced August 1, 2025. CoreWeave is based in Livingston, New Jersey, United States.
- How much did CoreWeave pay for Core Scientific?
- The reported deal value is $9 billion.
- What does CoreWeave do?
- CoreWeave is a specialized cloud provider, delivering a massive scale of accelerated compute resources on top of the industry's fastest & most flexible infrastructure.
- Where are CoreWeave and Core Scientific based?
- CoreWeave is based in Livingston, New Jersey, United States. Core Scientific is based in Austin, Texas, United States.
- Who are the decision-makers at CoreWeave?
- Fundz holds 2 contacts at CoreWeave. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at CoreWeave, and when
When CoreWeave changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day CoreWeave raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at CoreWeave, from your own LinkedIn network
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Fundz sees it the moment CoreWeave makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Frequently asked
Who acquired Core Scientific?
Core Scientific was acquired by CoreWeave, based in Livingston. The deal was reported on August 2, 2025. CoreWeave is a specialized cloud provider, delivering a massive scale of accelerated compute resources on top of the industry's fastest & most flexible infrastructure. CoreWeave is publicly traded (CRWV) and operates in Information Technology.
When did CoreWeave acquire Core Scientific?
CoreWeave's acquisition of Core Scientific was reported on August 2, 2025. CoreWeave has announced its $9 billion all-stock acquisition of Core Scientific as part of its strategy to enhance data center ownership and power scalability. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Core Scientific do?
Infrastructure to Power the World’s New Financial System | A leader in high-performance, blockchain infrastructure, and software solutions. $CORZ It is privately held, and is based in Austin.
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