President Donald Trump attended the Pennsylvania Energy and Innovation Summit, where he announced approximately $90 billion in private-sector investment pledges aimed at fueling AI and energy development in Pennsylvania. The summit, held at Carnegie Mellon University, brought together top executives from major tech and energy firms, including Meta, Microsoft, Alphabet, ExxonMobil, Blackstone, and Anthropic.
The investments will focus on developing AI infrastructure, data centers, power generation, and workforce training across Pennsylvania. Some notable investments include Google's $25 billion investment in data centers and AI infrastructure, Blackstone's $25 billion investment in data centers and power infrastructure, and Amazon's $20 billion investment in two data center complexes.
The summit highlighted Pennsylvania's growing importance in the energy and tech sectors, with the state's coal and gas industry playing a significant role. Trump emphasized the need for "energy dominance" in the global market, framing the investments as part of a race against China for the most advanced deployment of artificial intelligence.
Senator Dave McCormick, who organized the summit, said the event was meant to bring together top energy companies and AI leaders, global investors, and labor behind Trump's energy policies and priorities. The investments are expected to spur tens of thousands of jobs in Pennsylvania, with opportunities in construction, technology, energy operations, and skilled trades.
