jain.com

CoreWeave funds HPC build-out capex

Company: Core Scientific

Subject kind
financing
Statement date
2024-06-03
Promised amount
300000000.0 USD
Current status
stated

The claim, verbatim

CoreWeave funds all capital expenditures, including up to $1.5 million per HPC MW (about $300 million) of build-out costs, credited against hosting payments at no more than 50% of monthly fees until repaid.

Source (primary)

core-scientific 8-K exhibit (finalcorzhpcreleaseslide.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-11-04)Live source ↗

Quote: “Up to $1.5 million per HPC MW (or approximately $300 million) of data center build out costs are funded by CoreWeave, and credited against hosting payments at no more than 50% of monthly fees until fully repaid”

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 (finalcorzhpcreleaseslide.htm)

Quote: “Up to $1.5 million per HPC MW (or approximately $300 million) of data center build out costs are funded by CoreWeave, and credited against hosting payments at no more than 50% of monthly fees until fully repaid”

View cached copy (2026-11-04)Live source ↗