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Core Scientific Shares Drop 15% as Microsoft Cuts CoreWeave Commitments Coindesk 06 Mar 2025

Core Scientific Shares Drop 15% as Microsoft Cuts CoreWeave Commitments 📉

The shares of Core Scientific experienced a significant decline of 15% following Microsoft's decision to reduce its commitments to CoreWeave, an AI cloud provider. This development marks a setback for CoreWeave as it navigates the challenges stemming from this pullback by a major client.

Source: www.coindesk.com ↗