Bitcoin Miner Core Rejects AI Firm CoreWeave’s $1 Billion Offer

📆 6/6/2024 2:36 PM
📰 BNNBloomberg

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Bitcoin miner Core Scientific Inc. has rejected an unsolicited $1 billion takeover offer from artificial intelligence startup CoreWeave Inc., just days after the companies announced a partnership that they projected would generate about $3.5 billion in revenue.

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Bitcoin Miner Core Converts Data-Center Infrastructure for AIBitcoin miner Core Scientific Inc. is converting part of its infrastructure in order to power high-performance computing operations for artificial-intelligence companies.
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