On June 26, 2025, the Wall Street Journal reported that CoreWeave was in advanced talks to acquire Core Scientific, a data center infrastructure provider. A transaction could be finalized in the coming weeks, according to sources familiar with the matter.
CoreWeave had previously attempted to acquire Core Scientific last year with an offer of $5.75 per share, valuing the business at over $1 billion, which Core Scientific rejected as too low. This renewed interest signals a strategic imperative for CoreWeave.
Analysts suggest that such an acquisition would allow CoreWeave to vertically integrate its infrastructure, potentially reducing operating expenses and expanding its data center development pipeline. This move aims to secure critical capacity for its rapidly growing AI cloud services.
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