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

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.

If the deal closes, CoreWeave won't have to pay rent to Core Scientific, a longtime partner, on several data center sites.