{"id":50284,"date":"2025-09-30T14:16:56","date_gmt":"2025-09-30T14:16:56","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=50284"},"modified":"2025-09-30T14:16:56","modified_gmt":"2025-09-30T14:16:56","slug":"coreweave-jumps-8-pre-market-on-meta-ai-deal-core-scientific-merger-looms","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=50284","title":{"rendered":"CoreWeave Jumps 8% Pre-Market on Meta AI Deal, Core Scientific Merger Looms"},"content":{"rendered":"<div>\n<p>CoreWeave (CRWV), an AI-focused cloud computing company, secured a $14.2 billion deal with Meta Platforms (META) to supply Nvidia\u2019s latest GB300 systems, according to a <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-09-30\/coreweave-inks-14-billion-meta-deal-in-latest-sign-of-ai-demand\">Bloomberg<\/a> report citing an interview with CEO Michael Intrator.<\/p>\n<p>Shares in the company, which is in the process of buying Core Scientific (CORZ) <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/07\/07\/coreweave-to-acquire-core-scientific-in-9b-all-stock-deal\">for $9 billion<\/a>, jumped more than 8% pre-market to $132, more than triple the value of its March initial public offering. <\/p>\n<p>The agreement diversifies its revenue away from Microsoft (MSFT), historically its largest customer, and follows a multibillion-dollar commitment from OpenAI, according to Bloomberg.<\/p>\n<p>In addition, <a href=\"https:\/\/www.marketbeat.com\/instant-alerts\/coreweave-nasdaqcrwv-earns-outperform-rating-from-analysts-at-evercore-isi-2025-09-30\/\">Evercore ISI<\/a> initiated coverage on CoreWeave with an outperform rating and a $175 price target.<\/p>\n<p>Core Scientific scheduled a special shareholder meeting for Oct. 30 to vote on the takeover, according to a Friday <a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1839341\/000114036125036346\/ny20053622x1_defm14a.htm\">SEC filing<\/a>. <\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>CoreWeave (CRWV), an AI-focused cloud computing company, secured a $14.2 billion deal with Meta Platforms (META) to supply Nvidia\u2019s latest GB300 systems, according to a Bloomberg report citing an interview with CEO Michael Intrator. Shares in the company, which is in the process of buying Core Scientific (CORZ) for $9 billion, jumped more than 8% [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-50284","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/50284","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=50284"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/50284\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=50284"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=50284"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=50284"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}