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CoreWeave Doubles Down on AI Infra with $6B Bet, Stock Jumps

  • Writer: Niv Nissenson
    Niv Nissenson
  • 1 day ago
  • 2 min read

CoreWeave (NASDAQ: CRWV) is pushing full throttle on its strategy to own every layer of AI infrastructure. Just a week after announcing a $9 billion acquisition of Core Scientific—instantly securing 1.3 GW of power capacity—the AI hyperscaler unveiled plans to pour over $6 billion into building and equipping a state-of-the-art data center in Lancaster, Pennsylvania. Last week the market hated the Core Scientific acquisition (losing more than 15%) and today the market loved the deal (jumped 10%)!


Billed as one of the first large-scale AI-focused data centers in the region, the facility will start with 100 MW of capacity, expandable to 300 MW, and is aimed squarely at supporting next-generation AI workloads. It also cements the Mid-Atlantic’s role as a new strategic hub in the global AI arms race.


The announcement, made at Carnegie Mellon alongside President Trump, Senator Dave McCormick, and Governor Josh Shapiro, underscores how AI infrastructure is now a pillar of economic and geopolitical competition.


CoreWeave projects the Lancaster site will create roughly 600 construction jobs, launch with 70 full-time technical roles, and scale up to around 175 over time.


There’s no question about CoreWeave’s playbook is going vertical, controlling the data centers, the power, and the AI workloads—cutting out middlemen and future-proofing both margins and scale. With last week’s Core Scientific acquisition and now this $6 billion Pennsylvania bet, they’re rewriting the AI supply chain by owning it. Will it work? Will they manage to continue their growth trajectory and integrate vertically?


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