(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,

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

AI cloud company CoreWeave announced plans to invest over $6 billion to develop a large-scale data center in Lancaster County, Pennsylvania, with the main aim of supporting high-performance AI workloads.