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CoreWeave commits $6 billion to Pennsylvania data center amid Trump AI push
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CoreWeave commits $6 billion to Pennsylvania data center amid Trump AI push
Jul 15, 2025 3:59 AM

July 15 (Reuters) -

CoreWeave ( CRWV ) plans to spend up to $6 billion on

building a new artificial intelligence data center in

Pennsylvania, as part of a push by U.S. President Donald Trump

to maintain the country's edge in the booming technology sector,

the company said on Tuesday.

Shares of the AI cloud computing firm rose more than 8% in

premarket trading.

CoreWeave's ( CRWV ) investment adds to the hundreds of billions

of dollars companies have committed to expanding AI

infrastructure in the United States, amid growing energy and

computational demands and Trump's drive to onshore AI supply

chains.

The announcement will be made during a CEO roundtable with

Trump at Senator Dave McCormick's inaugural Pennsylvania Energy

and Innovation Summit, the company said in a statement.

Trump is expected to announce

$70 billion in AI and energy investments

on Tuesday, Reuters has reported.

"The demand for high-performance AI compute is

relentless, and CoreWeave ( CRWV ) is scaling a cloud purpose-built for

AI to meet it and strengthen U.S. leadership," said CoreWeave ( CRWV )

CEO Michael Intrator.

The data center will initially use 100 megawatts (MW) of

power, with potential to expand to 300 MW.

The project is expected to create about 600 jobs during

construction, with about 70 full-time technical and operational

positions at launch.

Last month, cloud giant Amazon.com ( AMZN ) said it

plans to invest at least $20 billion in Pennsylvania to expand

its data centers.

The announcement comes a week after CoreWeave ( CRWV ) agreed to

acquire crypto miner Core Scientific ( CORZ ) in a deal valued

at about $9 billion, as it seeks the energy and data center

capacity needed to power surging AI demand.

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