Core Scientific announced that CoreWeave has exercised its final infrastructure option under their June 2024 agreement, adding approximately 120MW of critical IT load for GPU hosting. This expansion brings their total contracted HPC infrastructure to 500MW across six sites, with operations expected to begin in H2 2026. The new 12-year contract adds $2.0B to the previously announced $6.7B in projected revenue.The infrastructure modifications will be funded by CoreWeave, with approximately $180M in capital investments credited against hosting payments. The agreement includes two optional 5-year renewal terms. Core Scientific's total power capacity of 1.2 gigawatts will be allocated between 700MW for HPC hosting (delivering 500MW of critical IT load) and 500MW for bitcoin mining operations.CEO Adam Sullivan emphasized significant demand for next-generation compute workloads infrastructure, stating the company is exploring power allocation expansions at existing data centers and evaluating new sites. This expansion positions Core Scientific to become one of the largest publicly traded data center operators in the United States.

Core Scientific announced that CoreWeave has exercised its final infrastructure option under their June 2024 agreement, adding approximately 120MW of critical IT load for GPU hosting. This expansion brings their total contracted HPC infrastructure to 500MW across six sites, with operations expected to begin in H2 2026. The new 12-year contract adds $2.0B to the previously announced $6.7B in projected revenue.The infrastructure modifications will be funded by CoreWeave, with approximately $180M in capital investments credited against hosting payments. The agreement includes two optional 5-year renewal terms. Core Scientific's total power capacity of 1.2 gigawatts will be allocated between 700MW for HPC hosting (delivering 500MW of critical IT load) and 500MW for bitcoin mining operations.CEO Adam Sullivan emphasized significant demand for next-generation compute workloads infrastructure, stating the company is exploring power allocation expansions at existing data centers and evaluating new sites. This expansion positions Core Scientific to become one of the largest publicly traded data center operators in the United States.