INTELLIGENT TECHNOLOGY: ARTIFICIAL INTELLIGENCE

CoreWeave to invest over US $ 6 billion in a next-gen AI data center in Lancaster, Pennsylvania, accelerating innovation and job creation.

The initial 100 megawatt( MW) data center, with potential to expand to 300 MW, represents one of the first large-scale data centers of its kind in the region and will support US global competitiveness in AI.

The announcement will be made during the CEO roundtable with President Donald J. Trump at Senator Dave McCormick’ s inaugural Pennsylvania Energy and Innovation Summit, hosted at Carnegie Mellon University in Pittsburgh. The event will include Pennsylvania Governor Josh Shapiro, Senator John Fetterman, as well as national and state leaders, policymakers, industry leaders and innovators, with the aim of shaping the future of US AI infrastructure, energy, job creation, long-term national competitiveness and national security through highimpact emerging technologies.

“ The demand for high-performance AI compute is relentless, and CoreWeave is scaling a cloud purposebuilt for AI to meet it and strengthen US leadership,” said Michael Intrator, Co-Founder, Chairman of the Board and Chief Executive Officer of CoreWeave.“ This data center will accelerate innovation and drive economic growth across the region. We look forward to working with leaders like Senator McCormick and Governor Shapiro to ensure this investment delivers meaningful, lasting impact.”

“ I’ m thrilled to welcome this transformative investment in our great Commonwealth,” said Senator Dave McCormick.“ This Energy and Innovation Summit is a powerful testament to Pennsylvania’ s readiness and ability to lead – to generate thousands of good-paying jobs, to unleash our incredible energy resources and to power the next AI and economic revolution, further strengthening America’ s resilience and independence. I’ m deeply grateful to CoreWeave for their tremendous commitment to Pennsylvania’ s future.”

“ Pennsylvania is competing again and bringing in billions of dollars in new investment to the Commonwealth to support our technology sector, and CoreWeave’ s US $ 6 billion investment will continue to build on that work – creating good-paying jobs as Pennsylvania workers build, maintain and operate a new AI data center in Lancaster County,” said Governor Josh Shapiro.

“ My Administration is leading the way on safe, responsible and effective use of Artificial Intelligence – while keeping people at the center of Pennsylvania’ s AI strategy. We are ensuring our Commonwealth is open to the major investments like this one from CoreWeave by investing in our workforce, building out more energy resources, securing funding for site development, speeding up the Commonwealth’ s permitting, licensing and certification processes and working to make sure Pennsylvania continues to be a national energy leader. With this commitment, CoreWeave is creating opportunities for our workers, generating new revenue for our local communities and ensuring the future of AI runs right through Pennsylvania.”

Equipped with state-of-the-art infrastructure tailored for advanced AI workloads, the Lancaster data center will help position Pennsylvania and the broader Mid-Atlantic region as a strategic hub for the global AI economy. The project is expected to create approximately 600 skilled, competitively waged jobs during the build phase, with approximately 70 full-time technical and operational roles at launch, scaling to approximately 175 over time. It is estimated that each data center job generates over six additional American jobs, amplifying the project’ s economic impact. p

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