CoreWeave CEO Michael Intrator announced on October 21, 2025, that the company will not increase its $9 billion acquisition offer for Core Scientific. The statement was made at the Bloomberg Technology conference in London amidst resistance to the deal from some of Core Scientific's major shareholders. This decision follows a recommendation from proxy advisory firm ISS for Core Scientific shareholders to reject the proposed acquisition. Intrator expressed confidence in the current valuation, stating, "We're very comfortable that the way that we have priced it is appropriate for us." He added that while CoreWeave believes the deal makes sense, they will not be increasing their price. The final decision on the acquisition rests with Core Scientific's shareholders, who are scheduled to vote on the matter on October 30.