jain.com

CoreWeave 12-year capacity contract

Company: Core Scientific

Subject kind
partnership
Statement date
2026-08-19
Promised amount
10200000000.0 USD
Current status
stated

The claim, verbatim

CoreWeave contracts expanded to approximately 590 MW with potential cumulative value of approximately $10.2 billion over 12 years

Source (primary)

Core Scientific’s $24B AI Contracts Don’t Settle the Leverage Debate - CryptoRank (-, news_article)
View cached copy (2026-08-31)Live source ↗

Quote: “CoreWeave deals expanded to ~590 MW (~$10.2B over 12 years)”

How we checked this

Checked on September 19, 2026. The cited source supports every part of this claim.

The document states the CoreWeave deal was expanded to roughly 590 MW with a potential cumulative value of about $10.2 billion over 12-year terms, matching every assertion.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://cryptorank.io/news/feed/1ad14-core-scientifics-24b-ai-contracts-dont-settle-the-leverage-debate) in full (8,739 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Core Scientific’s $24B AI Contracts Don’t Settle the Leverage Debate - CryptoRank

Quote: “CoreWeave deals expanded to ~590 MW (~$10.2B over 12 years)”

View cached copy (2026-08-31)Live source ↗