CoreWeave’s $9 billion acquisition of Core Scientific gives an AI roadmap for struggling Bitcoin miners

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CoreWeave’s $9 billion acquisition of Core Scientific gives an AI roadmap for struggling Bitcoin miners

fortune.com/crypto/2025/07/09/coreweaves-9-billion-acquisition-of-core-scientific-gives-an-ai-roadmap-for-struggling-bitcoin-miners

In March, the AI data center company CoreWeave went public, and its share price quadrupled amid the broader artificial intelligence boom. But AI wasn’t always the company’s focus. It started in 2016 as a specialist in crypto mining—a term for using computers to process transactions and…

This story appeared on fortune.com, 2025-07-09 15:58:15.