CoreWeave 12-year colocation contract
Company: Core Scientific
The claim, verbatim
12-year contract with CoreWeave for ~590 MW of leasable customer power capacity across 5 sites, with $10B+ revenue potential and ~$850M average annual revenue run rate
Source (primary)
Fourth Quarter Fiscal Year 2025 Earnings Presentation (IR page (investors.corescientific.com), ir_presentation)
View cached copy (2026-09-01)Live source ↗Archive.org ↗
Quote: “12-year, $10B+ CoreWeave contract, ~$850M average annual revenue run rate”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The deck states each element. A footnote adds that the Austin, Texas portion has a 7-year term, and the deck describes the ~590 MW as leased rather than leasable capacity.
Confirmed in the source:
- Core Scientific has a 12-year contract with CoreWeave
- CoreWeave is contracted for ~590 MW of customer power capacity across 5 Core Scientific sites
- The contract carries $10B+ in revenue potential
- The contract has a ~$850M average annual revenue run rate
What we did: Read our cached copy of IR page (investors.corescientific.com) (https://d1io3yog0oux5.cloudfront.net/_eb9c314ac28438fbd39d12d91c4e5bdc/corescientific/db/1066/11266/pdf/Q4+FY25+earnings+deck+vfinal.2+PDF.pdf) in full (13,731 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Fourth Quarter Fiscal Year 2025 Earnings Presentation
Quote: “12-year, $10B+ CoreWeave contract, ~$850M average annual revenue run rate”