CoreWeave 12-year colocation contract
Company: Core Scientific
The claim, verbatim
CoreWeave is contracted for ~590 MW of leased power (~800 MW gross) across 5 sites. The contract has a 12-year term with two 5-year options and $10B+ in revenue potential.
Source (primary)
First Quarter Fiscal Year 2026 Earnings Presentation (IR page (investors.corescientific.com), ir_presentation)
View cached copy (2026-10-16)Live source ↗Archive.org ↗
Quote: “CoreWeave is contracted for ~590 MW of leased customer power capacity across 5 of our sites”
How we checked this
Checked on October 17, 2026. The cited source supports every part of this claim.
The CoreWeave relationship and contract summary slides state each of these terms; a footnote notes the Austin, TX portion has a 7-year term.
Confirmed in the source:
- CoreWeave is contracted for ~590 MW of leased customer power capacity
- The contract represents ~800 MW gross
- The contracted capacity spans 5 Core Scientific sites
- The contract has a 12-year term
- The contract has two 5-year options
- The contract carries $10B+ in revenue potential over its term
What we did: Read our cached copy of IR page (investors.corescientific.com) (https://d1io3yog0oux5.cloudfront.net/_b76ddaa46c59e7a64138659274ff5f32/corescientific/db/1066/11271/pdf/Q1+FY26+earnings+deck.pdf) in full (14,811 characters, retrieved October 16, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms First Quarter Fiscal Year 2026 Earnings Presentation
Quote: “CoreWeave is contracted for ~590 MW of leased customer power capacity across 5 of our sites”