CoreWeave ~500 MW HPC hosting contracts
Company: Core Scientific
The claim, verbatim
Core Scientific has signed aggregate ~500 MW HPC hosting contracts with CoreWeave, with anticipated potential revenue of $8.7 billion over 12-year contracts with two 5-year options.
Source (primary)
Third Quarter Fiscal Year 2024 Earnings Presentation (IR page (investors.corescientific.com), ir_presentation)
View cached copy (2026-10-16)Live source ↗
Quote: “Signed aggregate ~500 MW HPC hosting contracts with anticipated potential revenue of $8.7 billion over 12-year contracts”
How we checked this
Checked on October 17, 2026. The cited source supports every part of this claim.
The presentation's snapshot and CoreWeave transaction summary slides state the ~500 MW contracts with CoreWeave, $8.7 billion potential revenue, 12-year terms and two 5-year options.
Confirmed in the source:
- Core Scientific signed aggregate ~500 MW of HPC hosting contracts
- The counterparty for the ~500 MW HPC hosting contracts is CoreWeave
- The contracts carry anticipated potential revenue of $8.7 billion
- The contracts run 12 years
- The contracts include two 5-year options
What we did: Read our cached copy of IR page (investors.corescientific.com) (https://d1io3yog0oux5.cloudfront.net/_b76ddaa46c59e7a64138659274ff5f32/corescientific/db/1066/11130/pdf/Core%2BScientific%2BQ3%2B2024%2BEarnings%2BPresentation.pdf) in full (24,743 characters, retrieved October 16, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Third Quarter Fiscal Year 2024 Earnings Presentation
Quote: “Signed aggregate ~500 MW HPC hosting contracts with anticipated potential revenue of $8.7 billion over 12-year contracts”