Pennsylvania Secures $90B in AI, Energy Investment

At the Pennsylvania Energy and Innovation Summit in Pittsburgh, President Donald Trump and Senator Dave McCormick announced over $90 billion in planned investments from 20 major tech and energy companies—including Google, Blackstone, CoreWeave, Meta, and Westinghouse—to expand artificial intelligence and energy infrastructure in Pennsylvania. Google committed $25 billion to AI and data center infrastructure and $3 billion to modernize hydroelectric plants, while Blackstone pledged $25 billion for data centers and energy assets. The investments will fund new data centers, upgrades to hydroelectric dams, expansion of natural gas and nuclear power generation, and modernization of the state’s energy grid. The initiative is positioned as critical for maintaining U.S. leadership in AI and countering China's technological advances, with officials likening the effort to the Manhattan Project. Some projects were already underway, but the scale of the investment is expected to generate tens of thousands of jobs and bolster Pennsylvania’s role in energy and AI innovation. The summit also emphasized bipartisan support and the strategic need for a robust energy supply to support AI growth.