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Core Scientific, CoreWeave merger fail highlights AI valuation optimism amid bubble talk

Core Scientific shareholders on Thursday rejected a $9 billion takeover bid from CoreWeave, which had warned that it wouldn't sweeten the pot. Why it matters: The merger failure highlights unbridled ...
Law

Failed Deal Denies Core Scientific CLO Record-Setting Golden Parachute

Core Scientific Chief Legal Officer Todd DuChene will miss out on collecting a $43.8 million golden parachute now that has company's $9 billion sale to CoreWeave has unraveled. DuChene would have been ...