- CoreWeave has secured $4B in capital from Blue Owl Capital, Chirisa Technology Parks, and Machine Investment Group to fund a $6B AI data center campus in Lancaster, Pennsylvania.
- The campus will support 100 megawatts of capacity initially, with the ability to scale to 300 MW, and is expected to create 600 construction jobs and 70 full-time operational roles.
- Backed by Nvidia and endorsed by the White House, the project underscores growing federal and private investment in AI infrastructure across Pennsylvania.
Major AI Play In Pennsylvania
CoreWeave’s newly announced data center in Lancaster County is shaping up to be one of the largest AI infrastructure investments in the US, reports Bisnow. The $6B project has attracted $4B in private capital. The funding comes from Blue Owl Capital and affiliates of Chirisa Technology Parks and Machine Investment Group, according to a Monday announcement.
The development was first unveiled at a White House-hosted summit in Pittsburgh this July. President Donald Trump and other political leaders offered support for AI-focused investments in the state.
The Numbers Behind The Project
The Lancaster campus will launch with 100 MW of capacity and could expand to 300 MW—making it a significant player in the rapidly growing AI data infrastructure space. It will be located on a 78-acre site at 216 Greenfield Road, previously home to two vacant printing press facilities.
In addition to the $4B in capital for the project itself, Blue Owl and its partners plan to fund $200M in local grid upgrades. This signals a long-term commitment to supporting digital infrastructure in the region.
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Strategic Players
- Blue Owl Capital, which manages $273B in assets, has been active in funding hyperscale and build-to-suit data centers, including other projects in Virginia and Pennsylvania.
- Machine Investment Group, focused on opportunistic and distressed real estate, acquired the Lancaster site earlier this year.
- Chirisa Technology Parks, affiliated with Irish investment firm Chirisa Investments, is known for its involvement in digital infrastructure.
CoreWeave’s unique model—offering GPU-as-a-service tailored to AI workloads—makes it a strategic beneficiary of this partnership. The company has gained attention in part due to Nvidia’s investment, which aligns with the chipmaker’s broader push to expand access to AI infrastructure.
Bigger Picture: Pennsylvania’s AI Moment
The project is part of a larger surge in AI-focused investment across Pennsylvania. At the same White House summit, Blackstone announced a $25B infrastructure commitment in the state’s northeast. Google also partnered with Brookfield on a $3B hydroelectric initiative in Lancaster County.
With this latest deal, CoreWeave joins a growing list of firms betting big on Pennsylvania as an AI infrastructure hub.
What’s Next
The CoreWeave campus is still in early development stages, but construction is expected to ramp up quickly. Once complete, it will play a key role in meeting the surging demand for compute power driven by AI across industries—from research and automation to entertainment and healthcare.
As public and private capital continues to flow into AI infrastructure, data center development is expected to remain a top real estate trend. This is especially true in states with favorable power access and strong political support.
