FILE PHOTO: A screen displays the company logo for CoreWeave, Inc., Nvidia-backed cloud services provider, during the company's IPO at the Nasdaq Market, in New York City, U.S., March 28, 2025. REUTERS/Brendan McDermid/File Photo
(Reuters) -CoreWeave plans to spend up to $6 billion on building a new artificial intelligence data center in Pennsylvania, as part of a push by U.S. President Donald Trump to maintain the country’s edge in the booming technology sector, the company said on Tuesday.
Shares of the AI cloud computing firm rose more than 8% in premarket trading.
