CoreWeave introduced Monday that it signed a $9 billion all-stock deal to amass Core Scientific, a knowledge heart infrastructure supplier.
Because of the deal, CoreWeave says it’s going to acquire entry to greater than a gigawatt of knowledge heart capability — sufficient vitality to energy greater than 850,000 properties — that it may hire out for AI coaching and inference workloads. Very similar to CoreWeave, Core Scientific beforehand supplied Bitcoin mining companies, however now its GPUs will run and prepare generative AI fashions.
Cloud infrastructure suppliers are racing to develop their knowledge heart footprint to maintain up with the seemingly endless computational calls for of AI corporations. Bloomberg reported final week that OpenAI struck a deal to hire an extra 4.5 gigawatts price of knowledge heart capability from Oracle, increasing on the 2 corporations’ already huge Stargate infrastructure deal.