jain.com

Remaining HPC hosting capacity beyond CoreWeave

Company: Core Scientific

Subject kind
facility capacity
Statement date
2024-07-02
Promised amount
8000.0 USD million
Current status
stated

The claim, verbatim

After CoreWeave's 200 MW allocation, company has 300 megawatts of additional GPU hosting capacity available, with potential to generate over $8 billion in revenue over 12-year term

Source (primary)

Core Scientific, Inc. Investor and Analyst Event June 12, 2024 Transcript (IR page (investors.corescientific.com), earnings_call)
View cached copy (2026-09-01)Live source ↗

Quote: “after allocating the 200 megawatts for CoreWeave, we still have another 300 megawatts to offer for HPC hosting. Considering the remaining 300 megawatts of infrastructure for HPC, the full 500 megawatts could generate more than $8 billion in revenue over a 12-year term.”

How we checked this

Checked on October 10, 2026. The cited source supports part of this claim, but not all of it.

The source confirms the additional 300 MW, but it attributes the more-than-$8 billion figure to the full 500 MW, not to the 300 MW alone.

Confirmed in the source:

We could not confirm this from the cited source:

That does not mean it is false — only that this source does not establish it, as of the date above. If we find a source that settles it, we will re-check and update this page.

What we did: Read our cached copy of IR page (investors.corescientific.com) (https://d1io3yog0oux5.cloudfront.net/_eb9c314ac28438fbd39d12d91c4e5bdc/corescientific/db/1066/11128/pdf/June_2024_Investor_Day_Transcript_061224.pdf) in full (94,603 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Core Scientific, Inc. Investor and Analyst Event June 12, 2024 Transcript

Quote: “after allocating the 200 megawatts for CoreWeave, we still have another 300 megawatts to offer for HPC hosting. Considering the remaining 300 megawatts of infrastructure for HPC, the full 500 megawatts could generate more than $8 billion in revenue over a 12-year term.”

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

Record of changes

September 2, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 9, 2026 — stated
Review. statement_date 2026-09-01 was the source's retrieval date; source published 2024-07-02.