Coreweave stock climbed after the company announced a $6 billion artificial intelligence data center project in Pennsylvania. The commitment includes an initial 100 megawatt data center that will be able to expand to 300 MW.

Sen. Dave McCormick announced at an energy and innovation summit on Tuesday that Pennsylvania has recently received $90 billion in business commitments. The political and business leaders who spoke at the event at Carnegie Mellon University in Pittsburgh said these investments will help position the state as a leader in the AI revolution that is just beginning to transform the country and its economy.

The massive Livingston, N.J.-based hyperscaler CoreWeave announced plans for a $6 billion, 300-megawatt data center in Lancaster, Pa., to answer what CEO and co-founder Michael Intrator called “relentless” demand for AI compute.