News AI hyperscaler buys its cryptomining partner for its AI GPUs and data center infrastructure — CoreWeave acquires Core Scientific in long-awaited move

[Admin]

CoreWeave, a minor AI hyperscaler, has bought out its longtime partner, Core Scientific, to take control of its data center infrastructure. The companies have worked together for a long time, both emerging from the cryptomining era into AI hyperscaling.

AI hyperscaler buys its cryptomining partner for its AI GPUs and data center infrastructure — CoreWeave acquires Core Scientific in long-awaited move : Read more

 

[vanadiel007]

A lot of money will be lost once the dust settles. AI is starting to remind me of NFT's...

 

[acadia11]

Anyone ever feel like the AI world is kind of like NCAA football consolidation you have the Big 10 and SEC and trying to take over and the group of 5 trying to claw their way in. Yeah me too, me too …

 

[Notton]

IMO, they're just giving away the game when they repurpose crypto miners into AI miners with zero effort.
Yet another ponzi scheme, just like NFTs and crypto.