70 MW CoreWeave HPC hosting contract
Company: Core Scientific
What the later record shows
Not a promise: a reported event · happened June 30, 2024
The 70 MW CoreWeave contract had already been signed when the claim was made: CoreWeave exercised the 70 MW option in June 2024. No passage confirms that revenue from this contract began in 2025.
“In June and August 2024, the Company announced CoreWeave’s execution of options to secure an additional 70 MW and 112 MW, respectively, of infrastructure to host its HPC operations.”
2025-02-26 · Core Scientific 10-K filed 2025-02-27 View cached copy (2026-08-31)Live source ↗
Checked November 10, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
70 MW HPC hosting contract with CoreWeave with potential revenue of $1.2 billion over 12 years beginning in 2025
Source (primary)
December 2024 Convertible Note Presentation (IR page (investors.corescientific.com), ir_presentation)
View cached copy (2026-09-26)Live source ↗Archive.org ↗
Quote: “CoreWeave 70 MW HPC hosting contract with total potential revenue of $1.2 billion over 12 years beginning in 2025”
How we checked this
Checked on November 11, 2026. The cited source supports every part of this claim.
Core Scientific's December 2024 presentation lists a CoreWeave 70 MW HPC hosting contract with total potential revenue of $1.2 billion over 12 years beginning in 2025, matching every part of the claim.
Confirmed in the source:
- Core Scientific's contract with CoreWeave is an HPC hosting contract
- The contract covers 70 MW
- The contract has total potential revenue of $1.2 billion
- The contract runs over 12 years
- The contract begins in 2025
What we did: Read our cached copy of IR page (investors.corescientific.com) (https://d1io3yog0oux5.cloudfront.net/_fda3a1f2f1890adaa7ac6c4d9d310971/corescientific/db/1066/11131/pdf/Core_Scientific_December_2024_Company_Presentation.pdf) in full (23,998 characters, retrieved September 26, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms December 2024 Convertible Note Presentation
Quote: “CoreWeave 70 MW HPC hosting contract with total potential revenue of $1.2 billion over 12 years beginning in 2025”