CoreWeave’s $9 billion plan to acquire Core Scientific is facing growing resistance, and crypto markets are paying attention. The unexpected shareholder pushback has coincided with a sharp rally in AI tokens, suggesting that investors see deeper implications beyond the boardroom. CoreWeave Builds Out AI Infrastructure CoreWeave is one of the largest AI infrastructure providers in the United States. In June, it proposed an all-stock acquisition of Core Scientific, a Bitcoin mining firm now repositioning itself as a data center player for AI workloads
source: https://beincrypto.com/ai-crypto-rally-after-bitcoin-miner-buyout-stalls/