Mar. 16 at 12:59 PM
CoreWeave, Cerebras Systems, and BCE announced plans to build a 300-megawatt AI-focused data center in Regina, Saskatchewan, with the first phase expected to launch in the first half of next year.
Cerebras has secured 160 megawatts of capacity as a tenant, while CoreWeave will take 140 megawatts, with its compute infrastructure powered by Nvidia GPUs. The project aims to support the growing demand for artificial intelligence computing.
BCE estimates the facility could generate about 12 billion Canadian dollars (
$8.7 billion) in economic value over time. The Montreal-based telecom company plans to invest 1.7 billion Canadian dollars to construct the site’s four data center halls.
Due to the project’s spending, BCE lowered its 2026 free cash flow outlook to no more than 2.3 billion Canadian dollars, down from a previous forecast of up to 3.5 billion. However, the company expects the data center to support revenue growth and profitability in the coming years.
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