CoreWeave to Acquire Core Scientific in ~$9 Billion All-Stock Transaction

October 16, 2025

CoreWeave (NASDAQ: CRWV) has signed a definitive agreement to acquire Core Scientific (NASDAQ: CORZ) in an all-stock transaction valued at about $9 billion. The deal will vertically integrate CoreWeave’s AI/HPC data center footprint by giving CoreWeave control of Core Scientific’s high-performance colocation infrastructure and power capacity; the transaction is expected to close in Q4 2025, subject to regulatory and stockholder approvals.

Buyers
CoreWeave
Targets
Core Scientific
Industry
Data & Analytics
Location
Texas, United States
Transaction Type
Buyout

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