Microsoft pens AI cloud computing deal with former Ethereum miner CoreWeave: CNBC
The reported deal comes just a few days after CoreWeave announced an additional $200 million worth of funding via an extended Series B funding round.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The reported deal comes just a few days after CoreWeave announced an additional $200 million worth of funding via an extended Series B funding round.
Why this matters
This mining story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Bitcoin miner IREN still gets 82% of revenue from BTC after clearing room for Microsoft AI cloud
IREN is still mostly a Bitcoin miner by revenue, even as it retires mining hardware to make room for AI infrastructure and grow IR...
Bitcoin miners are no longer pure crypto proxies and are morphing into high-performance computing hubs
Bitcoin gained 21.5% from the Aug. 17 close through Aug. 21, yet six of seven large US-listed miners finished the same trading str...
Wall Street’s favorite Bitcoin broker just walked away from institutional trading to chase gigawatts of power
BitGo's NYDIG deal transfers its institutional trading business to the digital-asset custody and trading infrastructure provider,...
Sberbank’s Crypto Lending Push Targets Bitcoin, Ethereum and USDT Collateral
Key Takeaways: Sberbank is ready to lodge Bitcoin, Ethereum and USDT to obtain credit. The initiative is reliant on the new crypto...
Ethereum Price Faces Glamsterdam Test as 3X Network Speed Threatens Smart Contracts
Ethereum price is starting to stabilize, as the network’s next major upgrade puts its core economic assumptions under scrutiny. Th...
UK Reveals 240 Crypto Millionaires With £1.38B in Taxable Gains Reported
Key Takeaways: There were over 240 UK taxpayers who declared crypto capital gains of over £1 million in 2024 – 25. A total of 17,6...