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Core Scientific returns to $18 per share following CoreWeave’s $14 billion deal with Meta
Yahoo Finance·2025-09-30 23:13

Core Scientific (CORZ) shares traded back around 18todayafterCoreWeave(CRWV)disclosedanewcommercialagreementwithMetainan8−K,outliningamulti−yeararrangementtoprovideAIcomputeservices.Thefilingdescribesalong−termsupplyrelationshipandrelatedfinancingstepstiedtoCoreWeave’sdatacenterdevelopments.Ofnote,MetahasagreedtopayCoreWeaveupto18 today after CoreWeave (CRWV) disclosed a new commercial agreement with Meta in an 8-K, outlining a multi-year arrangement to provide AI compute services. The filing describes a long-term supply relationship and related financing steps tied to CoreWeave’s data center developments. Of note, Meta has agreed to pay CoreWeave up to 14.2 billion through December 2031. Get these headlines directly to your inbox: subscribe to Blockspace. The $14.2 billion Meta ...