Coreweave is acquiring the data center infrastructure provider Core Scientific in a $9 billion all-stock transaction.

Core Scientific, the owner of a artificial intelligence data center facility in Denton on city-owned land, is being sold to CoreWeave, a New Jersey-based AI data center company,

Earlier this month, CoreWeave became the first cloud provider to deploy a GB300 NVL72 system (pictured). It’s an AI appliance based on the Blackwell Ultra, Nvidia’s newest and most advanced graphics card. The chip can run some workloads 50% faster than the earlier Blackwell B200.