Tuesday Oct 22, 2024

Coreweave Unicorn News: Coreweave Secures Major Expansion Deal

Coreweave Unicorn News - October 22, 2024

Coreweave has expanded its hosting agreement with Core Scientific, securing an additional 120 megawatts of capacity. This expansion is projected to bring in $8.7 billion in revenue, marking a significant step for Coreweave as it becomes one of the largest publicly traded data center operators in the U.S.

Sources
https://cryptoslate.com/core-scientifics-ai-deal-fuels-8-7-billion-revenue-forecast-shares-rise/

Outline
(00:00:00) Introduction
(00:00:35) Core Scientific Expands Hosting Agreement with CoreWeave, Forecasts $8.7 Billion Revenue

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