Prnewswire·2025-08-25 10:45Core Insights - Blue Owl Capital has extended its partnership with Chirisa Technology Parks to support developments totaling $20 billion, which includes $4 billion for CoreWeave projects in Lancaster, Pennsylvania [1][3][4] - The Lancaster facility will be part of CoreWeave's network of AI data centers, aimed at building infrastructure for AI applications across critical economic corridors in the U.S. [2][6] - The partnership emphasizes sustainable development, with a focus on creating high-performance digital campuses that contribute to local economic growth and job creation [4][9] Company Developments - CoreWeave is rapidly expanding its infrastructure footprint, with nearly 1.6 GW under development in the U.S., positioning itself as a leading cloud infrastructure provider for AI workloads [12] - The Lancaster campus will utilize advanced technologies for energy efficiency, including proprietary infrastructure that is nearly twice as energy-efficient as traditional data centers [7][8] - The project will also involve a $200 million investment in local power grid improvements to enhance the electric grid's safety and efficiency in the Lancaster region [9] Strategic Partnerships - The collaboration between Blue Owl, Chirisa Technology Parks, and Machine Investment Group is designed to leverage each partner's strengths in funding, development, and operational expertise [4][13] - Machine Investment Group's focus on repurposing underutilized commercial properties aligns with the strategic goals of the partnership, enhancing the potential for successful project execution [4][13]