jain.com

CoreWeave 70 MW HPC hosting contract

Company: Core Scientific

Subject kind
customer
Statement date
2024-12-03
Promised by
2025-12-31
Promised amount
1200000000.0 USD
Current status
outcome unconfirmed

What the later record shows

Outcome not yet confirmed

No passage identifies this 70 MW contract or says its term or revenue began in 2025. The 70 MW signed in February 2025 came after this claim was made, so it cannot be assumed to be the same contract.

“February: Signed incremental 70 MW of billable capacity, bringing total potential revenue to >$10 Billion over 12-year contracts”
2025-05-06 · core-scientific 8-K exhibit (exhibit992-q12025earning.htm) View cached copy (2026-10-16)Live source ↗

Checked November 6, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.

The claim, verbatim

CoreWeave signed a 70 MW HPC hosting contract with total potential revenue of $1.2 billion over 12 years, beginning in 2025.

Source (primary)

December 2024 Convertible Note Presentation (IR page (investors.corescientific.com), ir_presentation)
View cached copy (2026-11-06)Live source ↗Archive.org ↗

Quote: “CoreWeave 70 MW HPC hosting contract with total potential revenue of $1.2 billion over 12 years beginning in 2025”

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 December 2024 Convertible Note Presentation

Quote: “CoreWeave 70 MW HPC hosting contract with total potential revenue of $1.2 billion over 12 years beginning in 2025”

View cached copy (2026-11-06)Live source ↗Archive.org ↗

Record of changes

November 6, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
November 6, 2026 — outcome unconfirmed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.