Group 1 - Core Scientific's shares experienced a slight decline after a significant 33% increase, following reports of CoreWeave's renewed interest in acquiring the company [1][5] - Last year, CoreWeave attempted to acquire Core Scientific for $5.75 per share, valuing the deal at over $1 billion, but the offer was rejected by Core Scientific [2][5] - Following the news, Core Scientific's stock closed at $16.36, with an additional 5% increase noted shortly before the market opened [2][5] Group 2 - Core Scientific has established a business relationship with CoreWeave, providing billions of dollars' worth of high-performance computing infrastructure [4] - CoreWeave rents access to Nvidia GPUs for companies like Microsoft to support their AI product models [4] - CoreWeave's shares have increased nearly 3% in recent trading and have quadrupled since their IPO in March [4]
Core Scientific Stock Stalls After Rally on Reported CoreWeave Acquisition Talks