22 October, 2024
CoreWeave Expands Footprint with Core Scientific, Aims for $8.7B Revenue
22 October, 2024
In a significant expansion move, CoreWeave has activated its final option agreement with Core Scientific. This acquisition brings an additional 120 MW of cutting-edge IT infrastructure under CoreWeave’s control, bolstering its capacity for powering NVIDIA GPU operations. This strategic move positions CoreWeave to meet the growing demand for its high-performance computing solutions and underscores its ambitions to become a dominant player in the rapidly expanding AI and cryptocurrency industries.