CoreWeave-funded data center capex
Company: Core Scientific
The claim, verbatim
Up to $750 million of data center capex to be funded by CoreWeave and credited against hosting payments
Source (primary)
Second Quarter Fiscal Year 2026 Earnings 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 and credited against hosting payments”
How we checked this
Checked on October 12, 2026. The cited source supports every part of this claim.
A footnote on the CoreWeave contract slide states this directly. It adds that the credits are applied at no more than 50% of monthly fees until fully repaid.
Confirmed in the source:
- Up to $1.5 million per MW, or approximately $750 million, of data center build-out costs are funded by CoreWeave
- These 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/1066/11282/pdf/Q2+FY26+earnings+deck+7.28+AM.pdf) in full (12,585 characters, retrieved September 26, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Second Quarter Fiscal Year 2026 Earnings Presentation
Quote: “Up to $1.5 Million per MW (or approximately $750 Million) of data center build out costs are funded by CoreWeave and credited against hosting payments”