CleanCore Solutions signs 10-year AI colocation deal with Cerebras Systems valued at about $800 million
Reuters2026/07/29 12:12By:Reuters
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- CleanCore Solutions signed a 10-year AI colocation services agreement with Cerebras Systems for a Minnesota data center campus.
- Initial contract value about USD 800 million, with two 10-year renewal options lifting total potential value above USD 3 billion.
- Tier 3 campus targets 55 MW utility power capacity, 40 MW critical IT load; about 20 MW utility power already energized.
- Initial revenue expected in Q1 2027 as remaining capacity comes online.
- CleanCore expects to own nearly 80% of the project through a development partnership.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cleancore Solutions Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-082561), on July 29, 2026, and is solely responsible for the information contained therein.
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