CoreWeave HPC infrastructure hosting contract
Company: Core Scientific
The claim, verbatim
Signed aggregate ~500 MW HPC hosting contracts with CoreWeave with anticipated potential revenue of $8.7 billion over 12-year contract periods
Source (primary)
Third Quarter Fiscal Year 2024 Earnings 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 10, 2026. The cited source supports every part of this claim.
The 2024 snapshot and the CoreWeave transaction summary slides state ~500 MW contracted with CoreWeave, $8.7 billion potential revenue, and 12-year contracts.
Confirmed in the source:
- Core Scientific signed aggregate ~500 MW of HPC hosting contracts
- The counterparty for the ~500 MW HPC hosting contracts is CoreWeave
- The contracts carry anticipated potential revenue of $8.7 billion
- The contracts run 12 years
What we did: Read our cached copy of IR page (investors.corescientific.com) (https://d1io3yog0oux5.cloudfront.net/_eb9c314ac28438fbd39d12d91c4e5bdc/corescientific/db/1066/11130/pdf/Core%2BScientific%2BQ3%2B2024%2BEarnings%2BPresentation.pdf) in full (24,743 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Third Quarter Fiscal Year 2024 Earnings Presentation
Quote: “Signed aggregate ~500 MW HPC hosting contracts with anticipated potential revenue of $8.7 billion over 12-year contracts”