CoreWeave, Inc. is investing $6 billion to build a new AI data center in PA with a capacity of 100-300MW, aiming to boost U.S. competitiveness in AI. The company has a network of 33 AI-focused data centers with 420MW. AI demand drives the expansion, with a $25.9 billion backlog and strategic partnerships.

Microsoft has over 400 data centers globally, investing $80 billion in AI-enabled data centers. In Q3 2025, it spent $21.4 billion on capex and $16.7 billion on AI-related assets. Nebius Group N.V. is expanding its global footprint to meet AI-infrastructure demand, adding capacity and enhancing infrastructure for enterprise AI workloads.

CoreWeave’s recent acquisition of Core Scientific has investors cautious, but the added 1.3GW power infrastructure and 1GW expansion potential provide long-term growth opportunities. Nebius Group N.V. is raising $1 billion in convertible notes to drive revenue in 2026 with a $2 billion capex plan. CRWV’s stock has dropped 21.9% in the past month amid industry growth.

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Read more at Nasdaq: CoreWeave to Set up New Data Center: Overcapacity or Future-Proofing?