CoreWeave funds up to ~$750M build-out capex
Company: Core Scientific
The claim, verbatim
Up to $1.5M per MW (approximately $750M) of data center build-out costs are funded by CoreWeave and credited against hosting payments at no more than 50% of monthly fees until repaid.
Source (primary)
Fourth Quarter Fiscal Year 2025 Earnings Presentation (IR page (investors.corescientific.com), ir_presentation)
View cached copy (2026-10-16)Live source ↗Archive.org ↗
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 to the contract summary states both terms.
Confirmed in the source:
- Up to $1.5M per MW (approximately $750M) of data center build-out costs are funded by CoreWeave
- These costs are credited against hosting payments at no more than 50% of monthly fees until fully repaid
What we did: Read our cached copy of IR page (investors.corescientific.com) (https://d1io3yog0oux5.cloudfront.net/_b76ddaa46c59e7a64138659274ff5f32/corescientific/db/1066/11266/pdf/Q4+FY25+earnings+deck+vfinal.2+PDF.pdf) in full (13,731 characters, retrieved October 16, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Fourth Quarter Fiscal Year 2025 Earnings Presentation
Quote: “Up to $1.5 Million per MW (or approximately $750 Million) of data center build out costs are funded by CoreWeave”