CoreWeave-funded build-out costs
Company: Core Scientific
The claim, verbatim
CoreWeave funds up to $1.5 million per MW, or about $750 million, of data center build-out costs, credited against hosting payments at no more than 50% of monthly fees until fully repaid.
Source (primary)
Investor Conference Call Presentation (IR page (investors.corescientific.com), ir_presentation)
View cached copy (2026-11-06)Live source ↗
Quote: “Up to $1.5 Million per MW (or approximately $750 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
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Additional evidence
confirms Investor Conference Call Presentation
Quote: “Up to $1.5 Million per MW (or approximately $750 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.”