CoreWeave 200 MW HPC hosting deal
Company: Core Scientific
The claim, verbatim
Core Scientific dedicated 200 MW of HPC hosting infrastructure (280 MW in total including support) to CoreWeave. The 12-year contracts carry about $3.5 billion in total revenue, an average of $290 million per year.
Source (primary)
Core Scientific, Inc. Investor and Analyst Event June 12, 2024 Transcript (IR page (investors.corescientific.com), earnings_call)
View cached copy (2026-10-16)Live source ↗Archive.org ↗
Quote: “These agreements represent about $3.5 billion in total revenue over the life of these contracts with an average of $290 million per year.”
How we checked this
Checked on October 17, 2026. The cited source supports every part of this claim.
The CEO stated the 200 MW dedication, the 280 MW total requirement, the 12-year term, the roughly $3.5 billion total revenue and the $290 million annual average.
Confirmed in the source:
- 200 MW of HPC hosting infrastructure is dedicated to CoreWeave
- The CoreWeave deal requires 280 MW in total including support
- The agreements have a 12-year term
- The agreements represent about $3.5 billion in total revenue
- Revenue averages $290 million per year
What we did: Read our cached copy of IR page (investors.corescientific.com) (https://d1io3yog0oux5.cloudfront.net/_b76ddaa46c59e7a64138659274ff5f32/corescientific/db/1066/11128/pdf/June_2024_Investor_Day_Transcript_061224.pdf) in full (94,603 characters, retrieved October 16, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Core Scientific, Inc. Investor and Analyst Event June 12, 2024 Transcript
Quote: “These agreements represent about $3.5 billion in total revenue over the life of these contracts with an average of $290 million per year.”