CoreWeave aggregate 500 MW HPC hosting contracts for delivery 2025-2026
Company: Core Scientific
What the later record shows
Not a promise: a reported event · happened October 31, 2024
The claim reports contracts already signed. The aggregate reached ~500 MW when CoreWeave exercised its final 120 MW option in October 2024, and the Q1 2025 presentation confirms ~500 MW were signed in 2024.
“In October 2024, the Company announced that CoreWeave had exercised its final option for an additional 120 MW of infrastructure.”
2025-02-26 · Core Scientific 10-K filed 2025-02-27 View cached copy (2026-08-31)Live source ↗
“2024: Signed a total of ~500 MW of colocation1 contracts with anticipated potential revenue of $8.7 Billion over 12-year contracts”
2025-05-07 · First Quarter Fiscal Year 2025 Earnings Presentation View cached copy (2026-09-01)Live source ↗Archive.org ↗
Checked October 10, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
Core Scientific signed aggregate ~500 MW HPC hosting contracts with CoreWeave for delivery 2025-2026 with anticipated potential revenue of $8.7 billion over 12-year contracts
Source (primary)
December 2024 Convertible Note Presentation (IR page (investors.corescientific.com), ir_presentation)
View cached copy (2026-09-01)Live source ↗
Quote: “Signed aggregate ~500 MW HPC hosting contracts with anticipated potential revenue of $8.7 billion over 12-year contracts”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The presentation states over 500 MW of critical IT load is contracted to CoreWeave for delivery 2025-2026, and its CoreWeave transaction summary gives ~500 MW, $8.7 billion potential revenue and 12-year contracts.
Confirmed in the source:
- Core Scientific signed aggregate ~500 MW HPC hosting contracts
- The counterparty for the ~500 MW of contracts is CoreWeave
- The contracted capacity is for delivery in 2025-2026
- Anticipated potential revenue is $8.7 billion
- The contracts have 12-year terms
What we did: Read our cached copy of IR page (investors.corescientific.com) (https://d1io3yog0oux5.cloudfront.net/_eb9c314ac28438fbd39d12d91c4e5bdc/corescientific/db/1066/11131/pdf/Core_Scientific_December_2024_Company_Presentation.pdf) in full (23,998 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms December 2024 Convertible Note Presentation
Quote: “Signed aggregate ~500 MW HPC hosting contracts with anticipated potential revenue of $8.7 billion over 12-year contracts”