CoreWeave inks BCE deal
CoreWeave announced a new AI power deal with BCE and expanded data center plans this week, underlining accelerating demand for specialized cloud AI compute that enterprise buyers will soon expect from vendors. The move reinforces the infrastructure arms race that’s driving client priorities around scalability and cost. (stockstotrade.com)
The project is a 300‑megawatt AI data center to be built on the southern edge of Regina, Saskatchewan, with its first phase expected to come online in the first half of 2027. (bloomberg.com) Cerebras Systems secured 160 MW as a tenant while CoreWeave committed to 140 MW of capacity for the facility. (bloomberg.com) CoreWeave’s planned deployments at the site will run on Nvidia GPUs, according to industry reporting on the tenant technology stacks. (au.investing.com) BCE said it will invest roughly C$1.7 billion in the development and Bell Canada’s unit is coordinating with the Saskatchewan government on construction, which the company says begins this spring. (economictimes.indiatimes.com) CoreWeave is simultaneously advancing a separate, previously announced commitment of up to $6 billion to equip a purpose‑built AI data center in Lancaster, Pennsylvania, with an initial 100 MW and potential to expand to 300 MW. (investors.coreweave.com) Financial markets reacted to the Regina announcement with CoreWeave shares trading higher on March 31, 2026, after media coverage tied the deal to accelerating demand for hyperscale AI compute. (stockstotrade.com)
