CoreWeave’s CEO said the acquisition will enhance the company’s performance and expertise as they "continue helping customers unleash AI’s full potential."

CoreWeave, Inc. (NASDAQ:CRWV) is one of the 10 AI Stocks Investors Are Watching This Week. On July 7, CoreWeave announced that it will buy crypto miner Core Scientific in an all-stock deal valued at about $9 billion.

Data annotation specialist Scale AI confirmed in June that Meta had, as part of Mark Zuckerberg's superintelligence drive, taken a 49% stake in the company worth $14.3 billion, and cloud giant Oracle ( ORCL) announced in June that it had minted a cloud deal worth $30 billion in annual revenue with an undisclosed customer.