AI M&A Wave Sweeps 2025: $9B Deal Highlights Growing Appetite for Artificial Intelligence Growth

CoreWeave's $9 billion acquisition of Core Scientific highlights the growing appetite for AI-driven growth in M&A deals. US M&A activity reached $750 billion in the first half of 2025, with $65 billion from AI-related deals. Companies like Salesforce, HPE, and Alphabet are acquiring key players in the field, while tech giants are pouring $325 billion into AI-related projects. CRM stock has the most room to run with an average price target implying 28% upside potential.

CoreWeave's $9 billion acquisition of Core Scientific (CORZ) underscores the burgeoning appetite for AI-driven growth in the M&A landscape. The deal, announced on Monday, signifies a significant expansion for CoreWeave's data center capacity, aimed at supporting artificial intelligence and high-performance computing (HPC) workloads [1].

The acquisition values Core Scientific at approximately $9 billion through an all-stock transaction, with existing shareholders receiving 0.1235 shares of newly issued CoreWeave Class A common stock for each CORZ share they hold. The deal is expected to give CoreWeave ownership of approximately 1.3 GW of gross power across Core Scientific's national data center footprint, with an incremental 1 GW+ of potential gross power available for expansion [1].

Core Scientific, one of the largest Bitcoin mining and hosting operations in North America, is not expected to signal a return to the crypto mining sector for CoreWeave. The company sees potential to repurpose Core Scientific's assets toward HPC usage or divest the crypto mining business over the medium-term horizon [1].

CoreWeave's stock declined on Monday following the news but has seen a significant increase of over 300% since the start of the year [1]. The acquisition is part of a broader trend in AI-linked M&A deals, which have accounted for more than $65 billion in the first half of 2025, representing approximately 10% of the total $750 billion in US M&A deals [2].

Notably, other major tech companies have been actively acquiring key players in the AI field. Salesforce (CRM) acquired AI-driven cloud data management provider Informatica (INFA) for $8 billion, while Hewlett Packard Enterprise (HPE) completed a $14 billion acquisition of AI-native network technology specialist Juniper Networks (JNPR) [2]. Alphabet (GOOG, GOOGL) also announced a $32 billion acquisition of cloud security specialist Wiz to enhance its cloud offering [2].

These deals reflect a broader trend of tech giants investing heavily in AI-related projects. Four of the "Magnificent Seven" companies—Meta (META), Microsoft (MSFT), Amazon (AMZN), and Alphabet—are expected to spend a combined $325 billion in capital expenditures and investments this year [2].

Motorola Solutions (MSI), a leader in mission-critical communications and public safety technology, has seen its stock surge over 550% in the past decade, driven by its expansion into AI-powered solutions and strategic acquisitions [3]. The company's stock is currently valued at approximately $417 per share, with potential to reach $535 per share by the end of 2027, representing a 28% upside [3].

The AI-driven M&A boom is expected to continue, with companies seeking to establish themselves as leaders in the burgeoning industry. As AI becomes increasingly integrated into daily life, the opportunities for acquisitions and investments in the field are likely to remain robust.

References:
[1] https://cointelegraph.com/news/coreweave-acquires-core-scientific-ai-hpc-expansion
[2] https://finance.yahoo.com/news/coreweave-core-scientific-deal-pushes-ai-merger-tally-over-65-billion-as-ma-market-thaws-152932614.html
[3] https://www.tikr.com/blog/motorola-solutions-stock-has-surged-over-555-in-the-past-decade-is-msi-stock-still-a-good-buy