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2024 target: 16 MW HPC critical IT load

Company: Core Scientific

Subject kind
guidance
Statement date
2024-11-05
Promised by
2024-12-31
Promised amount
16.0 MW
Current status
verified

What the later record shows

Delivered on time

The merger proxy says the 16 MW Austin facility had commenced operations before June 3, 2024, which is within the 2024 target. A later deck also lists delivery of the 16 MW to CoreWeave ahead of schedule, though the exact date is unclear.

“March: Delivered 16 MW of billable capacity to CoreWeave >30 days ahead of schedule”
2025-05-07 · First Quarter Fiscal Year 2025 Earnings Presentation View cached copy (2026-10-16)Live source ↗Archive.org ↗
“Following the commencement of operations in the Austin, Texas facility, on June 3, 2024, Core Scientific entered into a series of long-term contracts”
2025-09-25 · Core Scientific DEFM14A filed 2025-09-26 View cached copy (2026-08-31)Live source ↗

Checked October 25, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.

The claim, verbatim

The company's 2024 target is 16 MW of HPC critical IT load.

Source (primary)

core-scientific 8-K exhibit (corescientificq32024earn.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-25)Live source ↗

Quote: “2024 goals and targets MW HPC critical IT load 16”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms core-scientific 8-K exhibit (corescientificq32024earn.htm)

Quote: “2024 goals and targets MW HPC critical IT load 16”

View cached copy (2026-10-25)Live source ↗

confirms Core Scientific DEFM14A filed 2025-09-26

Quote: “Following the commencement of operations in the Austin, Texas facility, on June 3, 2024, Core Scientific entered into a series of long-term contracts”

View cached copy (2026-08-31)Live source ↗

confirms First Quarter Fiscal Year 2025 Earnings Presentation

Quote: “March: Delivered 16 MW of billable capacity to CoreWeave >30 days ahead of schedule”

View cached copy (2026-10-16)Live source ↗Archive.org ↗

Record of changes

October 25, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 25, 2026 — verified
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.