CoreWeave to Set up New Data Center: Overcapacity or Future-Proofing?

Key Takeaways CRWV is investing $6B in a new AI-focused data center in Lancaster, PA, scalable from 100MW to 300MW. The buildout supports soaring AI compute demand and adds to CRWV's 1.6GW of contracted power capacity. CRWV has a $25.9B backlog. It boasts a $11.9B contract from OpenAI, plus deals with other hyperscaler clients.CoreWeave, Inc. (CRWV) is investing $6 billion to build a new state-of-the-art AI data center in Lancaster, PA. The data center, designed for advanced AI workloads, will have an ini ...