Particle.news
Download on the App Store
6 ARTICLES
·
18h ago

CoreWeave to Build $6 Billion AI Data Center in Lancaster, Pa.

Revealed at President Trump’s Pennsylvania Energy and Innovation Summit, the project promises 600 construction jobs followed by 70 permanent roles as part of CoreWeave’s AI expansion.

Image
Image
data center exterior air cooling equipment
Image

Overview

  • CoreWeave plans to invest $6 billion in a new AI data center in Lancaster with an initial 100-megawatt capacity that can scale to 300 megawatts.
  • The commitment was unveiled during a CEO roundtable with President Donald Trump at Sen. Dave McCormick’s inaugural Pennsylvania Energy and Innovation Summit.
  • The facility is expected to generate about 600 construction jobs and roughly 70 full-time technical and operational positions once operational.
  • This announcement follows CoreWeave’s $9 billion acquisition of Core Scientific, a move designed to secure additional power and data center capacity across its network.
  • Shares of CoreWeave rose more than 8% on the news as investors wager on the company’s ability to meet surging demand for high-performance AI compute.