CoreWeave Pushes Back on Idea of New Core Scientific Bid

CoreWeave Won’t Change Its Bid for Core Scientific

CoreWeave Inc. Chief Executive Officer Michael Intrator pushed back on the idea of changing a $9 billion bid for Core Scientific Inc. after one of the acquisition target’s biggest investors said it was a lowball offer.

“Really under no circumstances will we readdress the bid that we put out,” Intrator said in an interview on Bloomberg Television. “That’s the number. We think it fairly represents the value for them. We think it will be great for the two companies to move forward together.”