CoreWeave stock slumped Thursday after one Wall Street analyst issued the most bearish outlook yet for the polarizing artificial-intelligence cloud vendor.

CoreWeave's $6 billion investment in Pennsylvania suggests there could be vast promise for AI data centers in a state already leading in energy production.

CoreWeave will unveil the project at a CEO roundtable with Trump during an Energy and Innovation Summit at Carnegie Mellon University.

CoreWeave and Core Scientific are both down sharply since agreeing to merge.

CoreWeave announced a $6 billion investment in a new data center in Pennsylvania. Nvidia also made a bullish announcement for the semiconductor industry. Shares of CoreWeave (NASDAQ: CRWV), a leader in artificial intelligence (AI) infrastructure,

CoreWeave will buy crypto miner Core Scientific in an all-stock deal valued at about $9 billion, it said on Monday, as AI infrastructure firms race to secure the energy and data center capacity needed to power surging demand.

CoreWeave acquires Core Scientific for strategic AI alignment, $10bn lease savings, but high leverage risks remain. See why I rate CRWV stock a Buy now.

C3.ai ( AI 3.98%) and CoreWeave ( CRWV 1.17%) are both poised to profit from the expansion of the artificial intelligence (AI) market. C3 develops AI algorithms and standalone modules that can be plugged into an organization's existing software infrastructure. CoreWeave's data centers provide cloud-based GPUs for processing AI tasks.