CoreWeave-funded data center build-out costs
Company: Core Scientific
The claim, verbatim
CoreWeave funds up to $1.5 million per MW (approximately $750 million) of data center build-out costs, credited against hosting payments at no more than 50% of monthly fees until fully repaid.
Source (primary)
Investor Conference Call 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 and credited against hosting payments at no more than 50% of monthly fees until fully repaid”
How we checked this
Checked on October 17, 2026. The cited source supports every part of this claim.
The presentation states each of these terms for CoreWeave's funding of build-out costs.
Confirmed in the source:
- CoreWeave funds up to $1.5 million per MW of data center build-out costs
- The funded build-out costs total approximately $750 million
- The funded 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/1066/11263/pdf/Core+Scientific+Investor+Update+Presentation+FINAL.pdf) in full (11,378 characters, retrieved October 16, 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 and credited against hosting payments at no more than 50% of monthly fees until fully repaid”