CoreWeave's $9B Bid: Will Core Scientific Shareholders Reject?
Update: 2025-10-21
Description
CoreWeave's $9 billion bid for Core Scientific faces fierce opposition! Proxy advisors and major shareholders are urging rejection, claiming the offer undervalues Core Scientific amidst the AI boom and exposes investors to CoreWeave's volatile stock. Despite the pushback, CoreWeave stands firm, daring others to outbid them. Will shareholders block the deal? Meanwhile, CoreWeave's aggressive expansion with Microsoft, Meta, and Nvidia underscores its ambition to dominate the competitive AI computing landscape, even as the market awaits profitability. The upcoming vote could redefine the future of AI infrastructure investment.
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