The details
The 450,000-square-foot facility will be located in an existing building at 1000 Coit Road. The company expects the facility to be fully operational by Dec. 31.
CoreWeave is a specialized cloud provider that focuses on “high-performance cloud solutions for artificial intelligence, machine learning, pixel streaming and other emerging technologies,” CEO Michael Intrator said in the release.
Quote of note
“With the demand for machine learning, AI and visual effects/rendering sharply rising, we are thrilled to partner with CoreWeave as the company invests in its first data center in Texas,” Plano Mayor John Muns said in the release.
What else?
Plano City Council approved property tax abatements for the data center through 2031, according to the agenda item.
