CoreWeave's acquisition of Core Scientific – Perfect vertical integration in the AI boom with an NVIDIA touch in the background!

In my assessment, this is a strategically brilliant move by CoreWeave , perfectly rounding off the growth story of the AI pure-play. Following the spectacular revenue jump from $16 million (2022) to $1.9 billion (2024) and a share price increase of 299% since the IPO in March, CoreWeave urgently needs additional capacity for new large customers like Google and OpenAI . The potential acquisition of Core Scientific would be a classic vertical integration – CoreWeave has already been renting data center capacities from Core Scientific for a year...