Austin TX 7-year HPC contract
Company: Core Scientific - Project: Austin Data Center (ASDC)
The claim, verbatim
Austin, Texas site (~20 MW gross / ~18 MW critical IT load) HPC contract has a 7-year term with elective extensions.
Source (primary)
Fourth Quarter Fiscal Year 2024 Earnings Presentation (IR page (investors.corescientific.com), ir_presentation)
View cached copy (2026-10-16)Live source ↗
Quote: “Austin, Texas HPC contract term is 7 years with elective extensions.”
How we checked this
Checked on October 17, 2026. The cited source supports every part of this claim.
The capacity figures appear in the site notes and the 7-year term with elective extensions appears in a footnote on the CoreWeave transaction summary slide.
Confirmed in the source:
- The Austin, Texas site has ~20 MW of gross capacity and ~18 MW of critical IT load
- The Austin, Texas HPC contract has a 7-year term with elective extensions
What we did: Read our cached copy of IR page (investors.corescientific.com) (https://d1io3yog0oux5.cloudfront.net/_b76ddaa46c59e7a64138659274ff5f32/corescientific/db/1066/11132/pdf/CORZ_Earnings_Presentation_Q4_2024.pdf) in full (26,814 characters, retrieved October 16, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Fourth Quarter Fiscal Year 2024 Earnings Presentation
Quote: “Austin, Texas HPC contract term is 7 years with elective extensions.”