CoreWeave 200 MW HPC hosting agreement - revenue structure
Company: Core Scientific
The claim, verbatim
200 megawatt HPC hosting agreement with CoreWeave generating $3.5 billion in total revenue over 12-year term, averaging $290 million per year
Source (primary)
Core Scientific, Inc. Investor and Analyst Event June 12, 2024 Transcript (IR page (investors.corescientific.com), earnings_call)
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Quote: “These agreements represent about $3.5 billion in total revenue over the life of these contracts with an average of $290 million per year.”
How we checked this
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Additional evidence
confirms Core Scientific, Inc. Investor and Analyst Event June 12, 2024 Transcript
Quote: “These agreements represent about $3.5 billion in total revenue over the life of these contracts with an average of $290 million per year.”