CleanCore Solutions has entered into a 10-year colocation services agreement with Cerebras Systems for a new AI data center campus in Minnesota, valued at an initial $800 million. This significant contract, with potential renewals up to $3 billion, establishes a substantial revenue stream for CleanCore starting in Q1 2027 and expands its critical AI infrastructure footprint.
CleanCore Solutions (ZONE) announced a 10-year colocation services agreement with Cerebras Systems (CBRS) for a new AI data center in Minnesota. This deal is a major win for CleanCore, representing an initial contract value of $800 million with potential renewals pushing the total to over $3 billion, providing a significant and long-term revenue stream starting in early 2027. For Cerebras, it secures essential, high-capacity infrastructure (55 MW utility power, 40 MW critical IT load) needed to support its AI compute operations, which is crucial for its growth. This agreement expands CleanCore's AI infrastructure development pipeline, signaling its strategic positioning in the booming AI sector. Short-term, ZONE investors may react positively to the substantial contract value and long-term revenue visibility. Long-term, this solidifies CleanCore's role as a key enabler of AI innovation and provides Cerebras with the necessary foundation for scaling its advanced AI systems.