CoreWeave Unveils $6B Plan for AI Data Center in Lancaster, Pennsylvania

Nvidia-backed CoreWeave plans to build a $6 billion AI data center in Lancaster, Pennsylvania, with a first phase delivering 100 MW of capacity and creating 600 construction jobs. The facility will start with 70 full-time technical roles and grow to 175. CoreWeave's stock has tripled since its IPO in March and recently hit a record high of $183.58 after Cisco disclosed a stake of over 1 million shares.

CoreWeave, a GPU cloud provider backed by Nvidia, has announced plans to invest up to $6 billion in developing a data center in Lancaster, Pennsylvania. The facility, which will be purpose-built for AI use cases, will initially have 100 MW of IT capacity with the potential to scale up to 300 MW. This investment is part of CoreWeave's broader strategy to expand its U.S. data center footprint and meet the growing demand for high-performance AI computing.

The data center, co-developed by Chirisa Technology Parks and Machine Investment Group, will be the sole tenant of the site. The construction phase is expected to create around 600 skilled jobs, with an initial 70 full-time technical and operational roles at launch, scaling to 175 over time. The exact location and size of the data center have not been disclosed, but it is known that the project aligns with federal and state efforts to promote domestic AI infrastructure.

CoreWeave's CEO, Michael Intrator, stated, "The demand for high-performance AI compute is relentless, and CoreWeave is scaling a cloud purpose-built for AI to meet it and strengthen US leadership." The project is also seen as a significant economic boost for Lancaster County, with Governor Josh Shapiro noting that it will continue to build on Pennsylvania's work in the technology sector.

This announcement follows CoreWeave's recent acquisition of data center developer Core Scientific for approximately $9 billion, which will see CoreWeave take charge of approximately 1.3 GW of power across Core Scientific’s national data center footprint. The deal is expected to close in the fourth quarter of 2025, subject to regulatory and stockholder approvals.

CoreWeave's stock has seen significant growth since its IPO in March, with shares opening at $39 and rising to a record high of $183.58 after Cisco disclosed a stake of over 1 million shares. The company's commitment to investing in AI infrastructure is likely to continue driving growth and innovation in the sector.

References:
[1] https://www.datacenterdynamics.com/en/news/coreweave-plans-6bn-data-center-in-lancaster-pennsylvania/
[2] https://www.rcrwireless.com/20250716/ai-infrastructure/coreweave-ai-data
[3] https://economictimes.indiatimes.com/tech/artificial-intelligence/coreweave-commits-6-billion-to-ai-data-center-in-pennsylvania/articleshow/122500019.cms
[4] https://www.cnbc.com/2025/07/15/coreweave-stock-ai-data-center.html