CoreWeave HPC hosting contracts
Company: Core Scientific
The claim, verbatim
Company signed aggregate ~500 MW of HPC hosting contracts with CoreWeave for $8.7 billion in potential revenue over 12-year contract terms
Source (primary)
Third Quarter Fiscal Year 2024 Earnings Presentation (IR page (investors.corescientific.com), ir_presentation)
View cached copy (2026-09-26)Live source ↗
Quote: “Signed aggregate ~500 MW HPC hosting contracts with anticipated potential revenue of $8.7 billion over 12-year contracts”
How we checked this
Checked on October 12, 2026. The cited source supports every part of this claim.
The presentation's CoreWeave transaction summary states ~500 MW of HPC infrastructure, $8.7 billion potential revenue, and 12-year contracts.
Confirmed in the source:
- The company signed aggregate ~500 MW of HPC hosting contracts
- The counterparty is CoreWeave (the transaction summary says ~500 MW is contracted to CoreWeave)
- The contracts carry $8.7 billion in potential revenue
- The contracts have 12-year terms
What we did: Read our cached copy of IR page (investors.corescientific.com) (https://d1io3yog0oux5.cloudfront.net/_fda3a1f2f1890adaa7ac6c4d9d310971/corescientific/db/1066/11130/pdf/Core%2BScientific%2BQ3%2B2024%2BEarnings%2BPresentation.pdf) in full (24,743 characters, retrieved September 26, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Third Quarter Fiscal Year 2024 Earnings Presentation
Quote: “Signed aggregate ~500 MW HPC hosting contracts with anticipated potential revenue of $8.7 billion over 12-year contracts”