jain.com

CoreWeave-funded capex

Company: Core Scientific

Subject kind
financing
Statement date
2025-10-30
Promised amount
750.0 Million USD
Current status
stated

The claim, verbatim

CoreWeave funds up to $1.5 Million per MW, totaling approximately $750 Million of data center build out costs

Source (primary)

Investor Conference Call Presentation (IR page (investors.corescientific.com), ir_presentation)
View cached copy (2026-09-26)Live source ↗

Quote: “Up to $1.5 Million per MW (or approximately $750 Million) of data center build out costs are funded by CoreWeave”

How we checked this

Checked on October 12, 2026. The cited source supports every part of this claim.

The presentation states that up to $1.5 million per MW, or about $750 million, of build-out costs are funded by CoreWeave.

Confirmed in the source:

What we did: Read our cached copy of IR page (investors.corescientific.com) (https://d1io3yog0oux5.cloudfront.net/_fda3a1f2f1890adaa7ac6c4d9d310971/corescientific/db/1066/11263/pdf/Core+Scientific+Investor+Update+Presentation+FINAL.pdf) in full (11,378 characters, retrieved September 26, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Investor Conference Call Presentation

Quote: “Up to $1.5 Million per MW (or approximately $750 Million) of data center build out costs are funded by CoreWeave”

View cached copy (2026-09-26)Live source ↗

Record of changes

September 26, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 9, 2026 — stated
Review. statement_date 2026-09-26 was the source's retrieval date; source published 2025-10-30.