CoreWeave Stock Pops after the announcement of 6 billion US dollars AI -Rechenzentrum

Coreweave Shares rose by more than 9%on Tuesday after the company announced a 6 -billion dollar project for artificial intelligence in Pennsylvania.

The obligation comprises a first 100 megawatt data center, which was built in Lancaster, a city about 70 miles west of Philadelphia. The data center will be able to expand to 300 MW.

“The demand for high-performance AI calculation is relentless,” said Michael in a publication by CoreWeave, CEO Michael Intrator, “and CoreWeaven scales a cloud that was created for AI to meet it and strengthen the US leadership.”

The announcement is made as part of the Pennsylvania Energy and Innovation Summit in Pittsburgh, which was organized by Senator Dave McCormick, R-Penn, where President Donald Trump, members of his administration and managers meet to discuss AI and investment opportunities in the federal state.

Google Tuesday, in cooperation with the summit, announced a 25 -billion dollar -data center and a AI infrastructure and promised 3 billion US dollars to improve two hydropower plants in Pennsylvania.

CoreWeave that rented access to Nvidia AI chips have been on the stock exchange since the end of March. The shares were opened at 39 US dollars and have increased by more than 250% since then.

The company announced a takeover of 9 billion US dollars by the data center infrastructure provider Core scientific Last week it becomes a deal that will increase the access of CoreWeave to electricity and real estate.

CoreWeave has already been an important customer from Core Scientific, and according to the company, the deal will reduce 10 billion US dollars for future rental contract obligations.