CoreWeave capex funding commitment
Company: Core Scientific
The claim, verbatim
Up to $1.5 Million per MW (approximately $750 Million total) of data center build out costs funded by CoreWeave and credited against hosting payments
Source (primary)
Second Quarter Fiscal Year 2026 Earnings Presentation (IR page (investors.corescientific.com), ir_presentation)
View cached copy (2026-09-01)Live source ↗Archive.org ↗
Quote: “Up to $1.5 Million per MW (or approximately $750 Million) of data center build out costs are funded by CoreWeave”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
A CoreWeave contract footnote states CoreWeave funds up to $1.5M per MW (about $750M) of build-out costs, credited against hosting payments at no more than 50% of monthly fees until repaid.
Confirmed in the source:
- CoreWeave funds up to $1.5 million per MW of data center build-out costs
- The CoreWeave-funded build-out costs total approximately $750 million
- CoreWeave-funded build-out costs are credited against hosting payments
What we did: Read our cached copy of IR page (investors.corescientific.com) (https://d1io3yog0oux5.cloudfront.net/_eb9c314ac28438fbd39d12d91c4e5bdc/corescientific/db/1066/11282/pdf/Q2+FY26+earnings+deck+7.28+AM.pdf) in full (12,585 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Second Quarter Fiscal Year 2026 Earnings Presentation
Quote: “Up to $1.5 Million per MW (or approximately $750 Million) of data center build out costs are funded by CoreWeave”