CoreWeave contract term and average revenue
Company: Core Scientific
The claim, verbatim
The CoreWeave HPC contracts have a 12-year term with two five-year extension options and are expected to generate average annual revenue of $560 million.
Source (primary)
Second Quarter Fiscal Year 2024 Earnings Presentation (IR page (investors.corescientific.com), ir_presentation)
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Quote: “Average annual revenue of $560 million Contract term: 12 years, with two five-year extension options”
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 Second Quarter Fiscal Year 2024 Earnings Presentation
Quote: “Average annual revenue of $560 million Contract term: 12 years, with two five-year extension options”