North Texas is getting another high tech player. CORE-WEAVE plans to have a new data center up-and-running by the end of the year in Plano.
The move is part of the company's expansion plan aimed at meeting demand for premium computing power.
The $1.6 billion data center is the New Jersey firm's first in Texas and is on Coit Road in Plano, just north of John Paul II high school.
Plano Mayor John Muns says the move will help meet area demand for high-speed computing solutions.
Founded in 2017, CoreWeave is a specialized cloud provider, delivering a massive scale of GPU compute resources on top of the industry’s fastest and most flexible infrastructure, according to a release from the company.
CoreWeave builds cloud solutions for compute-intensive use cases — machine learning and AI, VFX and rendering, batch processing and pixel streaming — that are up to 35 times faster and 80% less expensive than the large, generalized public clouds.
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