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Pennsylvania Announces $31 Billion Investment in Data Centers

A visual representation of the advanced data center establishing Pennsylvania as a leader in AI technology.

News Summary

Pennsylvania is set to receive a landmark $31 billion investment from CoreWeave and Blackstone to enhance its AI infrastructure. CoreWeave plans to invest $6 billion in a new data center in Lancaster, which will initially operate with an IT capacity of 100 megawatts. The investment is expected to create approximately 600 jobs during construction and 70 full-time roles upon opening, with potential for growth. This initiative positions Pennsylvania as a key player in the AI sector, attracting further investments in technology.

Pennsylvania Announces $31 Billion Investment in Data Centers

Pennsylvania is set to see a landmark investment worth up to $31 billion from CoreWeave and Blackstone to bolster its artificial intelligence infrastructure. As part of this initiative, CoreWeave will invest up to $6 billion in a new data center in Lancaster. This facility will initially operate with an IT capacity of 100 megawatts and has the potential to expand to 300 megawatts. Designed specifically for artificial intelligence applications, CoreWeave will be the sole tenant of this data center, which aims to support the continuously growing demands of the AI industry.

Job Creation and Economic Impact

The project is anticipated to create approximately 600 skilled jobs during its construction phase. Once operational, the center will generate 70 full-time technical and operational roles, with an opportunity for growth to 175 positions over time. The expected job creation aligns with Pennsylvania Governor Josh Shapiro‘s focus on enhancing the technology sector and providing well-paying job opportunities for residents within the state.

Development Partners and Location

CoreWeave is collaborating with Chirisa Technology Parks and the Machine Investment Group on this development. While the specific size and exact location of the new data center have not yet been disclosed, the Machine Investment Group previously acquired two former printing press facilities in Lancaster in February 2025. These properties cover more than 2 million square feet across 144 acres and are being redeveloped as data centers focusing on AI and cloud computing. The two sites include 216 Greenfield Road and 1375 Harrisburg Pike.

Industry Trends and Government Support

The investment comes amid a significant uptick in demand for high-performance AI computing solutions, as highlighted by CoreWeave’s CEO. Furthermore, Governor Shapiro’s administration is implementing measures to ensure safe and effective AI usage while facilitating large-scale investments in the technology sector. This commitment was emphasized at the Pennsylvania Energy and Innovation Summit in Pittsburgh, attended by key industry figures and featuring announcements from other tech giants, such as Google’s $25 billion investment in data centers and AI infrastructure.

CoreWeave’s Growth and Market Position

Recently, CoreWeave made headlines with its $9 billion acquisition of Core Scientific, its largest customer, which further underscores its ambition in the data center market. The company currently operates 33 AI data centers, with 28 located in the U.S. It also leases additional space from various companies, including Lincoln, Chirisa, Flexential, and Digital Realty. CoreWeave’s stock has also shown a significant increase of over 250% since going public at the end of March, reflecting its growing influence and investor confidence in the AI sector. Following the announcement of the $6 billion investment in Lancaster, the stock gained an additional 6%.

Strategic Importance of Lancaster

Lancaster’s proximity to Philadelphia, one of Pennsylvania’s largest data center markets after Pittsburgh, positions it as a strategic site for this new data center. The strengthening of data infrastructure in this region is expected to attract further investments and advancements in technology, enhancing Pennsylvania’s status as a critical player in the AI space.

This ambitious investment by CoreWeave and Blackstone is a significant move that highlights the vital role artificial intelligence will play in Pennsylvania’s economic future as the state continues to create an innovative landscape for technology and job growth.