CoreWeave vs. Core Scientific: AI Merger Meltdown?

AI mega-deal in jeopardy? CoreWeave's bid to acquire Core Scientific for $9 billion faces fierce opposition as major shareholders threaten to derail the merger, claiming it undervalues the company amidst a potential AI bubble. Is CoreWeave overreaching, or is this a strategic move to dominate the data center landscape? The fate of this high-stakes acquisition hangs in the balance as a crucial shareholder vote looms.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.