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CoreWeave Exercises Additional 112 MW Hosting Contract Option with Core Scientific for HPC Infrastructure
Aug 06, 2024•almost 2 years ago
Contract Type
contract
Austin
Description
Core Scientific announced that CoreWeave has exercised its option to contract for additional infrastructure for high-performance computing. Core Scientific will deliver approximately 112 MW of infrastructure to host CoreWeave’s NVIDIA GPUs, with site modifications expected to begin in the second half of 2024 and operational status anticipated in the first half of 2026. The new 12-year HPC hosting contract is expected to add approximately $2.0 billion in projected additional cumulative revenue.
Company Information
Company
Core Scientific
Location
2800 NORTHUP WAY
Austin, Texas, United States
About
Infrastructure to Power the World’s New Financial System | A leader in high-performance, blockchain infrastructure, and software solutions. $CORZ