CoreWeave, an AI hyperscaler associate with GPU giant Nvidia has expanded its existing contract to lease high-performance computing capacity from Scientific core . Core Scientific is one of the largest owners and operators of cryptocurrency mining services in North America.
CoreWeave was once a cryptocurrency mining company. It moved away from that business years ago and moved into visual effects rendering, inference serving, and pixel streaming. When the release of OpenAI's ChatGPT opened the AI โโcomputing demand hose, CoreWeave I saw an opportunity .
The company now offers, among other services, cloud-based AI training, tuning and operation of different models. He has worked together with Bit192, for example, to bring GPT-NeoX-20B to Japan.
It uses native Kubernetes infrastructures with over 45,000 high-end Nvidia GPUs to handle intensive compute needs for a variety of scenarios. Because demand for such computing capabilities has grown so rapidly, many cryptocurrency miners, such as Core Scientific, are reusing their data centers to satisfy the need.
Under the original contract, Core Scientific was to provide 200 MW of high-performance computing (HPC) hosting to CoreWeave over 12 years. That contract includes options to expand that infrastructure, which Core Scientific recently announced CoreWeave had exercised.
The terms of the new agreement will involve Core Scientific modifying a total of 100 MW of its own infrastructure. This will add approximately 70 MW more capacity for CoreWeave to use its Nvidia GPUs in HPC operations. According to Core Scientific CEO Adam Sullivan, "many data centers built in the last 20 years are not adequate to support future computing requirements."
Through its application specific data centers (ASDC), Core Scientific can support the higher rack power densities required by HPC operations, such as those employed by CoreWeave. Core Scientific's data center in Austin, Texas, has a total of 1.2 GW of contracted power available for its operations.
By the second half of 2025, CoreWeave is likely to lease around 270 MW of that capacity. It also has the option to expand another 230 MW of HPC hosting infrastructure at other Core Scientific sites.
CoreWeave doesnโt just operate in the US, though. The company is also expanding in Europe, with plans to open data centers in Norway, Spain, and Sweden by the end of 2025. CoreWeave already has two data centers in the UK, as well as a European headquarters.
