Core Scientific rejects CoreWeave Buyout Bid Amid Franklin Templeton’s New Crypto Fund

Tekedia | 08-06-2024 01:21pm |

In a surprising turn of events, Core Scientific, a prominent player in the bitcoin mining sector, has declined a substantial buyout offer from CoreWeave, a cloud computing firm. This decision came shortly after the two companies had signed a significant deal involving high-performance computing (HPC) services. Core Scientific’s board of directors concluded that the $1 [...]The post Core Scientific rejects CoreWeave Buyout Bid Amid Franklin Templeton’s New Crypto Fund appeared first on Tekedia.

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