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CoreWeave funded capex for data center buildout

Company: Core Scientific

Subject kind
financing
Statement date
2026-09-01
Promised amount
750.0 Million USD
Current status
stated

The claim, verbatim

CoreWeave to fund approximately $750 million of data center buildout costs, credited against hosting payments at no more than 50% of monthly fees until fully repaid

Source (primary)

Investor Conference Call 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 and credited against hosting payments at no more than 50% of monthly fees until fully repaid.”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms Investor Conference Call Presentation

Quote: “Up to $1.5 Million per 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.”

View cached copy (2026-09-01)Live source ↗Archive.org ↗