Core Scientific Rejects $9B CoreWeave Merger, Opts to Stay Independent
Core Scientific (CORZ) shareholders have voted against the proposed $9 billion all-stock merger with CoreWeave (CRWV), effectively ending this highly anticipated consolidation in the AI data center landscape. Following the announcement, Core Scientific’s stock rose approximately 4.5%, reflecting investor approval of the decision to maintain its independence. In contrast, CoreWeave shares experienced a slight recovery but remain down about 5% for the trading session. The shareholder vote occurred swiftly after proxy advisors and a significant Core Scientific stakeholder recommended opposing the transaction. Critics of the deal argued that the offer undervalued Core Scientific’s future growth prospects and failed to provide












