Google, Meta, Blackstone, and CoreWeave are planning to invest billions of dollars in building data centers for artificial intelligence.
Google intends to spend $25 billion in the PJM electric grid region over the next two years for data centers and AI infrastructure.
Meta CEO Mark Zuckerberg announced plans to invest 'hundreds of billions of dollars' into compute for building superintelligence, with the first cluster expected to come online in 2026.
In addition to Google and Meta, Blackstone plans to invest over $25 billion in data centers in Pennsylvania, while CoreWeave commits $6 billion for a new AI data center in Lancaster, Pennsylvania.