CoreWeave capex funding agreement
Company: Core Scientific
The claim, verbatim
CoreWeave will fund up to $750 million of data center build-out costs credited against hosting payments
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: “Up to $1.5 million per HPC MW (or approximately $750 million) of data center build out costs are funded by CoreWeave and credited against hosting payments at no more than 50% of monthly fees until fully repaid”
How we checked this
Checked on October 12, 2026. The cited source supports every part of this claim.
A footnote states that up to $1.5 million per HPC MW, or approximately $750 million, of build-out costs is funded by CoreWeave and credited against hosting payments.
Confirmed in the source:
- CoreWeave funds up to approximately $750 million of data center build-out costs
- Those costs are credited against hosting payments
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: “Up to $1.5 million per HPC MW (or approximately $750 million) of data center build out costs are funded by CoreWeave and credited against hosting payments at no more than 50% of monthly fees until fully repaid”