Core Scientific, Inc. (CORZ) shares surged 6.97% in pre-market trading on Friday, following a significant 33% rally on Thursday. This continued upward momentum comes amid reports that CoreWeave, a fast-growing AI infrastructure firm, is in advanced talks to acquire the digital-infrastructure company.

According to sources familiar with the matter, the potential acquisition talks come after CoreWeave's unsuccessful attempt to buy Core Scientific about a year ago. The exact terms of the current discussions remain undisclosed, but industry analysts speculate that Core Scientific could command a healthy premium given its recent growth and strategic position in the market.

Core Scientific, one of the largest operators of high-powered digital infrastructure for bitcoin mining and hosting services in North America, has been attracting attention as the AI boom creates a shortage in data-center space and power. The potential acquisition by CoreWeave, which pivoted from crypto mining to AI infrastructure in 2022, could signify a strategic move to expand its AI service footprint by leveraging Core Scientific's high-performance data centers.

Investors are closely watching this development, as it could mark a significant shift in the landscape of AI and crypto mining infrastructure. The market's positive reaction suggests strong confidence in the potential synergies between the two companies and the future prospects of Core Scientific under CoreWeave's ownership.