Author: Daniel snow

[ad_1] CoreWeave CEO Michael Intrator, left, testifies before the Senate Committee on Commerce, Science and Transportation in Washington on May 8, 2025.Chip Somodevilla | Getty ImagesArtificial intelligence-oriented cloud infrastructure company CoreWeave said Monday it will acquire Core Scientific, a data center infrastructure provider, in an all-stock deal valued at approximately $9 billion.CoreWeave stock was down about 2% in trading on Monday afternoon, while Core Scientific stock was about 16% lower. Shares of both companies rallied at the end of June after the Wall Street Journal reported that talks were underway for an acquisition.”I think that, like many things that we…

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