CoreWeave exercises final option for 120 MW HPC; total HPC now ~500 MW, $8.7B cumulative revenue

Core Scientific, Inc./tx

CoreWeave exercised final option for ~120 MW incremental critical IT load HPC hosting at one Core Scientific site.
New contract adds ~$2.0B projected cumulative revenue; total over 12-year terms now $8.7B.
Site modifications begin H2 2025, operational expected H2 2026.
CoreWeave funds capital; ~$180M capex credits at ≤50% of monthly fees until repaid.
Total contracted HPC with CoreWeave expands to ~500 MW across six Core Scientific sites.

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