CoreWeave reached an agreement to acquire longtime data center partner Core Scientific in an all-stock deal worth roughly $9 billion, the company said Monday. https://t.co/blVADbx1Br ...

CoreWeave is acquiring data center infrastructure provider Core Scientific in a $9 billion deal.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.The artificial intelligence (AI) company announced the deal Monday (Ju ...

CoreWeave acquires data center provider Core Scientific in $9B stock deal | TechCrunch https://t.co/ntr5jmZifq ...

润泽科技 20250707 润泽科技 2024 年最大的减值因素与主业无关，公司交付及产业推动均 正常，对公司未来发展保持信心。 Q&A 当前 IDC 行业的整体情况如何？ 目前 IDC 行业的整体情况较为正常，尽管之前由于政策因素导致招标暂缓，但 今年（2025 年）的上架和交付依然在正常进行。例如，世纪互联的指引上调 显示出今年（2025 年）上架速度超出预期。此外，当前 IDC 板块位置较低， 市场预期也非常低，因此在此时布局胜率较高。预计第三季度卡点因素可能好 转，例如 NB 新卡和国产卡的带动，以及海外 TOKEN 数量持续增长，这些都 提升了 IDC 板块配置的性价比。 润泽科技在 IDC 行业中的核心优势是什么？ 润泽科技在 IDC 行业中具有三大核心优势： 1. 战略布局领先：润泽从成立之初就定位于园区级数据中心，每个节点起 步体量为百兆瓦。这种规模化布局非常符合当前 AI 时代大厂需求，相比 云计算时代招标体量显著扩大。 2. 资源储备充裕：润泽在廊坊、平湖、佛山、惠州、重庆、兰州和海南等 地拥有总计约 2.5GW 的资源储备，与国内第三方 IDC 公司万国数据相 摘要 IDC 板块当前位置 ...

Summary of CoreWeave Acquisition of Core Scientific Conference Call Company and Industry - **Companies Involved**: CoreWeave and Core Scientific - **Industry**: High-Performance Computing (HPC) and AI Infrastructure Core Points and Arguments 1. **Acquisition Announcement**: CoreWeave has signed an agreement to acquire Core Scientific in an all-stock transaction, with Core Scientific stockholders receiving 0.1235 shares of CoreWeave Class A common stock for each share of Core Scientific [5][13] 2. **Strategic Importance**: The acquisition is aimed at accelerating CoreWeave's strategy to deploy AI and HPC workloads at scale, enhancing operational efficiencies and solidifying growth [6][9] 3. **Infrastructure Control**: CoreWeave will gain control over Core Scientific's high-performance data center infrastructure, which includes 1.3 gigawatts of existing gross power capacity and over 1 gigawatt of expansion capacity [8][9] 4. **Operational Efficiency**: The acquisition is expected to drive significant cost savings by streamlining operations, eliminating third-party lease obligations, and enhancing financial flexibility [10][14] 5. **Financial Impact**: The deal is projected to eliminate over $10 billion in future lease liabilities and achieve $500 million in annual run rate cost savings by the end of 2027 [15][45] 6. **Power Ownership**: CoreWeave will gain greater control over a critical power footprint, allowing for repurposing existing capacity to meet evolving client needs [11][12] 7. **Employee Expertise**: The acquisition will bring over 300 employees with expertise in power procurement, construction, and site management, enhancing CoreWeave's capabilities [11][12] 8. **Future Growth**: The acquisition is seen as a strategic step to future-proof revenue growth and enhance core profitability by verticalizing the data center footprint [9][10] Additional Important Content 1. **Transaction Details**: The total equity value of the transaction is estimated at $9 billion, based on a fully diluted basis and CoreWeave's five-day volume-weighted average price [13][14] 2. **Closing Timeline**: The transaction is expected to close in Q4 2025, subject to regulatory approvals and Core Scientific's stockholder approval [14] 3. **Capacity and Flexibility**: The acquisition includes 500 megawatts of capacity from cryptocurrency mining data centers, which can be converted to HPC or divested [8][15] 4. **Cost of Capital**: The acquisition is expected to be leverage neutral and enhance access to diverse financing sources, significantly driving down the cost of capital [15][18] 5. **Market Positioning**: The acquisition positions CoreWeave to better serve large-scale clients and compete effectively in the AI infrastructure market [33][34] 6. **Repurposing Strategy**: CoreWeave plans to repurpose existing assets for AI infrastructure while not expanding into cryptocurrency operations [41][42] This summary encapsulates the key points discussed during the conference call regarding the acquisition of Core Scientific by CoreWeave, highlighting the strategic, operational, and financial implications of the deal.

CoreWeave founders Brian Venturo, at left in sweatshirt, and Mike Intrator slap five after ringing the opening bell at Nasdaq headquarters in New York on March 28, 2025.Artificial intelligence hyperscaler CoreWeave said Monday it will acquire Core Scientific, a leading data center infrastructure provider, in an all-stock deal valued at approximately $9 billion. Coreweave stock fell about 4% on Monday while Core Scientific stock plummeted about 20%. Shares of both companies rallied at the end of June after t ...

Transaction Overview - CoreWeave will acquire Core Scientific in an all-stock transaction at a fixed exchange ratio of 0.1235 CoreWeave share per Core Scientific share[9] - The acquisition is expected to result in CoreWeave owning less than 10% of the combined entity at close[9] - The deal is expected to close in Q4 2025, subject to regulatory approval and customary closing conditions[9] Financial Impact and Synergies - The acquisition is projected to immediately eliminate over $10 billion in future lease overhead for existing contractual sites[9] - CoreWeave anticipates over $500 million in fully ramped, annual run rate cost savings by the end of 2027 through streamlined operations[9, 22] - The transaction is expected to be leverage neutral, while providing access to diverse financing sources at a more attractive cost of capital[9] Assets and Capacity - Core Scientific's assets include over $760 million in fixed assets and right-of-use assets, and over $770 million of cash and liquid digital assets[10] - Core Scientific has a current portfolio of 1.3GW of power capacity with over 1GW of potential expansion gross power available[10] - Core Scientific has approximately 500MW of mining data center gross power capacity, which can be optionally converted to HPC[11] Strategic Benefits - The acquisition will give CoreWeave direct control over approximately 1.3GW+ of gross power, with the majority already under CoreWeave contract[18] - CoreWeave can unlock approximately $5B of committed capex for more efficient financing[25] - CoreWeave will gain greater control over a critical power footprint and optionality for future power capacity[15]

NEW YORK, July 07, 2025 (GLOBE NEWSWIRE) -- EXL [NASDAQ: EXLS], a global data and AI company, has been named the top Leader in the Everest Group Analytics and Artificial Intelligence (AI) Services Specialists PEAK Matrix® Assessment 2025, for the second consecutive year. The Everest Group report examined 32 leading providers who derive more than 50% of their revenue from analytics and AI services on their ability to meet enterprise needs and deliver scalable, secure and high-impact AI and data solutions. EX ...

TransUnion ( TRU ) is a data service company offering credit rating and data analytics via its OneTru platform. I favor the company’s investment in growing their data assets and expanding into new market verticals and geographic regions. While theAnalyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving ...

Core Insights - The indicated dividend net changes for U.S. domestic common stocks increased by $7.4 billion in Q2 2025, a decline from $15.3 billion in Q1 2025 and $16.0 billion in Q2 2024 [1][6] - For the 12-month period ending June 2025, the net dividend rate increased by $44.1 billion, down from $54.6 billion for the same period in 2024 [2][6] - Dividend growth has declined due to concerns over cash commitments amid uncertainties regarding tariffs and their economic impact [3][4] Dividend Increases - In Q2 2025, U.S. common dividend increases totaled $9.8 billion, a decrease of 49.8% from $19.5 billion in Q1 2025 and down 52.1% from $20.4 billion in Q2 2024 [6][7] - For the 12-month period ending June 2025, total dividend increases were $57.6 billion, down 26.8% from $78.7 billion in the previous year [8][6] - A total of 480 dividend increases were reported in Q2 2025, compared to 539 in Q2 2024, marking a 10.9% year-over-year decrease [7] Dividend Decreases - In Q2 2025, there were 38 issues that decreased dividends, an 81.0% year-over-year increase from 21 issues in Q2 2024 [15] - Dividend decreases amounted to $2.3 billion in Q2 2025, compared to $4.4 billion in Q2 2024 [15] - For the 12-month period ending June 2025, 155 issues decreased their dividend payments, down from 175 in the previous year [15] Future Outlook - The second half of 2025 may see stronger dividend performance as companies await clarity on economic policies and tariff resolutions [4] - Q3 2025 is expected to show improvements in dividend payments, particularly from large banks following positive stress test results [4] - The S&P 500 is projected to achieve a record in dividend payments for 2025, with a 6% increase anticipated, down from an earlier expectation of 8% [4]