CoreWeave Invests $1.6 Billion in Right to Work Texas

CoreWeave is investing a total of $1.6 billion in order to establish a new data center in Right to Work Plano, Texas. So this is incredible news for the area’s economy!

From Area Development Magazine:

“We are pleased to partner with Plano and the local community to open this cutting-edge data center and create new jobs. […] The 450,000 square foot facility will help meet the unprecedented demand for high-performance cloud solutions for artificial intelligence, machine learning, pixel streaming and other emerging technologies that CoreWeave is uniquely positioned to deliver.†[…]

“With the demand for machine learning, AI and visual effects/rendering sharply rising, we are thrilled to partner with CoreWeave as the company invests in its first data center in Texas, capable of high-computing solutions for such specialized needs.”

AREA DEVELOPMENT MAGAZINE

To read the previous economic update on Right to Work states, click here.