07:22 AM EDT, 08/25/2025 (MT Newswires) -- Blue Owl Capital (OWL), Chirisa Technology Parks and Machine Investment Group said Monday they closed a $4 billion joint venture to fund construction of a facility that CoreWeave ( CRWV ) will lease as an AI data center campus in Lancaster, Pennsylvania.

Blue Owl plans to extend its partnership with Chirisa Technology Parks to fund up to $20 billion of developments, according to a joint statement.

Financial terms of the deal were not disclosed.