CoreWeave funds up to ~$750M of build-out
Company: Core Scientific
The claim, verbatim
CoreWeave funds up to $1.5 million per MW, about $750 million in total, of data center build-out costs. These amounts are credited against hosting payments at no more than 50% of monthly fees until repaid.
Source (primary)
core-scientific 8-K exhibit (exhibit992-q12025earning.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-16)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 17, 2026. The cited source supports every part of this claim.
A footnote states that up to $1.5 million per MW (about $750 million) of build-out costs are funded by CoreWeave and credited at no more than 50% of monthly fees until repaid.
Confirmed in the source:
- CoreWeave funds up to $1.5 million per MW of data center build-out costs
- This totals approximately $750 million
- The amounts are credited against hosting payments at no more than 50% of monthly fees until fully repaid
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1839341/000162828025023161/exhibit992-q12025earning.htm) in full (28,145 characters, retrieved October 16, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms core-scientific 8-K exhibit (exhibit992-q12025earning.htm)
Quote: “Up to $1.5 Million per MW (or approximately $750 Million) of data center build out costs are funded by CoreWeave”