Coreweave stock climbed after the company announced a $6 billion artificial intelligence data center project in Pennsylvania. The commitment includes an initial 100 megawatt data center that will be able to expand to 300 MW.

(Reuters) -CoreWeave 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,

Data security and cost control have IT leaders rethinking AI in the public cloud. But prepping a local data center for AI can be expensive and involved, with more infrastructure needed than a couple of GPUs.

Meta’s AI spending spree continues. After reportedly offering tens (or in some cases, hundreds) of millions of dollars to lure away top researchers from competing artificial intelligence operations, CEO Mark Zuckerberg announced via Threads that the company plans to build several multi-gigawatt superclusters to ramp up its compute power.

Many of Meta’s competitors have multi-gigawatt sites planned, including Oracle, Google, OpenAI, and Amazon. TechRepublic recently reported that Shark Tank’s Kevin O’Leary is building the world’s largest AI data center in Canada.

CoreWeave shares extended gains this week after the Nvidia partner said it would invest more than $6 billion in a new AI data center in Pennsylvania.

The leaders who spoke at an energy summit in Pittsburgh said they were investing because of Pa.'s energy reserves, its skilled workforce and its political cohesion.

Gartner predicts 2025 data center buying will continue despite pause on net-new spending due to political uncertainty.