CoreWeave data center buildout capex funding
Company: Core Scientific
The claim, verbatim
CoreWeave will fund up to $1.5 million per HPC MW (approximately $750 million total) for data center buildout costs, with credits against hosting payments
Source (primary)
Fourth Quarter Fiscal Year 2024 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 HPC MW (or approximately $750 million) of data center build out costs are funded by CoreWeave and credited against hosting payments at no more than 50% of monthly fees until fully repaid”
How we checked this
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Additional evidence
confirms Fourth Quarter Fiscal Year 2024 Earnings Presentation
Quote: “Up to $1.5 million per HPC MW (or approximately $750 million) of data center build out costs are funded by CoreWeave and credited against hosting payments at no more than 50% of monthly fees until fully repaid”