CleanCore Solutions signs 10-year colocation deal with Cerebras for Minnesota data center campus

Data center provider CleanCore Solutions, operating under the Zone brand, has entered into a 10-year colocation agreement with Cerebras, a wafer-scale AI chip company. The contract, announced on July 29, covers the full lease of CleanCore's data center campus in Minnesota and is expected to generate approximately $800 million in contract value over the initial term, with the potential to exceed $3 billion including renewal options.

The Minnesota campus is designed to deliver 55MW of utility power and 40MW of compute capacity once fully built out. At present, 15MW of compute capacity is available, with the remaining capacity scheduled to come online by Q1 2027, when CleanCore anticipates recognizing its first revenue from the facility. The deal underscores the accelerating demand for dedicated AI infrastructure as chipmakers and cloud providers race to secure reliable compute capacity.

"This second development marks an important milestone in advancing our portfolio of critical digital infrastructure to secure compute capacity for Cerebras and other premier AI companies," said Tyler Hassen, CEO of Zone. "Building on our previously announced project in West Texas, this Minnesota campus expands Zone's infrastructure footprint to meet the urgent power needs of customers." The West Texas project, unveiled earlier this month, is being developed with HST Technologies and will offer 200MW in its first phase, ultimately targeting 500MW by 2030.

CleanCore's pivot to data centers came in June, when the company appointed Tyler Hassen as CEO to refocus the business on "building critical AI infrastructure across the United States" and move away from its legacy cleaning products business and its previously announced Dogecoin treasury strategy. In September 2025, CleanCore had acquired 285,420,000 Dogecoin—worth approximately $68 million at the time—as part of that strategy, which has since been abandoned.

The Minnesota colocation agreement arrives just a week after Cerebras revealed it had been selected by CrowdStrike to power the security company's Falcon AIDR platform. In a LinkedIn post, Cerebras founder and CEO Andrew Feldman highlighted the performance advantage: "Faster inference gives security AI time to observe live telemetry, call tools, validate evidence, and act before the window to respond closes. Cerebras was built for this: inference up to 15x faster than leading GPU-based solutions. Falcon AIDR on Cerebras brings that speed to one of AI's most important applications: protecting the enterprise in real time."

The deal reflects a broader industry trend where AI chip companies are locking in long-term data center capacity to support rapid deployment of high-performance computing workloads. For CleanCore, the agreement validates its strategic shift and provides a clear revenue path as it scales its infrastructure portfolio across the United States. For Cerebras, securing dedicated colocation space ensures the physical capacity needed to meet growing demand from enterprise AI customers, particularly in security and real-time analytics applications.