CoreWeave buildout cost credits against hosting charges
Company: Core Scientific
The claim, verbatim
CoreWeave-funded buildout costs of up to about $750 million are applied as credits against hosting charges, capped at half of monthly fees until repaid.
Source (primary)
Core Scientific colocation revenue rises 58% to $215 million as billing capacity reaches 485 MW - Yahoo Finance (-, news_article)
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Quote: “CoreWeave-funded buildout costs of up to about $750 million are applied as credits against hosting charges, capped at half of monthly fees until repaid.”
How we checked this
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Additional evidence
confirms Core Scientific colocation revenue rises 58% to $215 million as billing capacity reaches 485 MW - Yahoo Finance
Quote: “CoreWeave-funded buildout costs of up to about $750 million are applied as credits against hosting charges, capped at half of monthly fees until repaid.”