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CoreWeave Terminates Core Scientific Deal After Shareholders Reject Offer
Core Scientific shareholders on Thursday morning are expected to vote on CoreWeave's proposed merger. CoreWeave stock has gained 140% in 2025.
Shares of blockchain infrastructure provider Core Scientific ($CORZ) are up in Friday’s trading after Macquarie Equity Research upgraded the stock
Core Scientific shareholders voted against CoreWeave’s $9 billion acquisition, citing undervaluation and financial risk concerns.
Core Scientific shareholders reject CoreWeave merger proposal, blocking the takeover of the Bitcoin mining and data center company.
Core Scientific Inc. shareholders have voted down a proposed $9 billion takeover bid by CoreWeave Inc., claiming that the acquisition undervalued the data center company.
Several Core Scientific shareholders, including the hedge fund Two Seas Capital, had argued the all-stock deal undervalued Core Scientific’s long-term prospects. Shares of CoreWeave had swung wildly since the deal was announced in July, leaving Core Scientific shareholders unsure how much they would get.
Bitcoin miner Core Scientific shareholders have rejected a proposed $9 billion merger with AI computing company CoreWeave, Core Scientific announced on Friday, ending the potentially massive transaction in the high-power computing space.
Here’s a quick look at where GCP stood in early 2025: It’s also worth noting that GCP often appeals to smaller companies that are already using Google’s everyday services like Gmail, Google Drive, and Google Workspace. Their interface is generally pretty clean and developer-friendly, which is a nice bonus.
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Google Announces Quantum Computing Breakthrough, but Real-World Applications Are Still Elusive
Google has demonstrated a 13,000 times speedup for the Quantum Echoes algorithm using its Willow quantum chip. The feat is repeatable, according to the company, and it paves the way toward real-world applications.