CoreWeave, which rents out access to Nvidia AI chips, has been on a tear since it went public at the end of March.

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.

Many of Meta’s competitors have multi-gigawatt sites planned, including Oracle, Google, OpenAI, and Amazon. TechRepublic recently reported that Shark Tank’s Kevin O’Leary is building the world’s largest AI data center in Canada.

CoreWeave shares extended gains this week after the Nvidia partner said it would invest more than $6 billion in a new AI data center in Pennsylvania.

The Shapiro administration is slashing red tape and has given developers the green light so Pennsylvania will move at the “speed of business” and become a global competitor in AI. Not everyone is happy about it.

Data center operators in China, which use Nvidia’s H20 chips to crunch data for various AI services, have been struggling to find a local alternative that is as good as the U.S. company’s chips.

Lawmakers want to make the commonwealth more attractive to data center developers, and are proposing incentives and new regulations to lure them.

The Japanese telecom giant’s data-center arm is aiming to pour billions into its business to meet rising demand for artificial-intelligence computing and other uses, its chief executive said.