CoreWeave acquires data center provider Core Scientific in $9B stock deal

Coreweave Monday announced It signed a $ 9 billion all-stock deal to achieve core scientific, a data center infrastructure provider.

As a result of the deal, Korwave says that it will get access to more than a gigawatt of the capacity of the data center – enough energy for electricity more than 850,000 homes – that it can hire for AI training and estimated charge. Like the Korwave, the core scientific first offered bitcoin mining services, but now its GPU will run and train the generative AI model.

Cloud infrastructure provider is running to increase the footprint of its data center to keep the AI ​​companies’ footprints with sometimes an end-end computational demands. Bloomberg told last week that Openai made a deal In addition to the capacity of the data center from Oracle, to hire 4.5 gigawatts, expanding on the already large -scale Stargate Infrastructure deal of two companies.

Source link

Please follow and like us:
Pin Share

Leave a Reply

Your email address will not be published. Required fields are marked *