CoreWeave ~$5.5B spend on Core Scientific sites
Company: CoreWeave
The claim, verbatim
CoreWeave has spent roughly $5.5 billion on Core Scientific sites, which would cost about $7.5 billion to build from scratch today, per CFO Jim Nygaard.
Source (primary)
Needham reiterates $35 Core Scientific target as tenant CoreWeave faces credit pressure - Yahoo Finance (-, news_article)
View cached copy (2026-10-16)Live source ↗
Quote: “CFO Jim Nygaard said CoreWeave's roughly $5.5 billion spend on Core Scientific sites would cost about $7.5 billion to build from scratch today.”
How we checked this
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Additional evidence
confirms Needham reiterates $35 Core Scientific target as tenant CoreWeave faces credit pressure - Yahoo Finance
Quote: “CFO Jim Nygaard said CoreWeave's roughly $5.5 billion spend on Core Scientific sites would cost about $7.5 billion to build from scratch today.”