CoreWeave funds capex; ~$300M credited against hosting fees
Company: Core Scientific
The claim, verbatim
CoreWeave will fund all capital investment needed to convert the sites; an estimated $300 million tied to Core Scientific-owned infrastructure will be credited against hosting payments at no more than 50% of monthly fees until fully repaid.
Source (primary)
core-scientific 8-K exhibit (corzcoreweavehpc.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-11-04)Live source ↗
Quote: “all capital investments required to modify Core Scientific’s existing infrastructure into cutting-edge, application-specific data centers customized for dense HPC will be funded by CoreWeave. An estimated $300 million of the capital investments associated with Core Scientific-owned infrastructure will be credited against hosting payments at no more than 50% of monthly fees until fully repaid.”
How we checked this
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Additional evidence
confirms core-scientific 8-K exhibit (corzcoreweavehpc.htm)
Quote: “all capital investments required to modify Core Scientific’s existing infrastructure into cutting-edge, application-specific data centers customized for dense HPC will be funded by CoreWeave. An estimated $300 million of the capital investments associated with Core Scientific-owned infrastructure will be credited against hosting payments at no more than 50% of monthly fees until fully repaid.”