Trump Highlights $90B AI, Energy Investments in Pennsylvania
Trump Highlights $90B AI, Energy Investments in Pennsylvania

Trump Highlights $90B AI, Energy Investments in Pennsylvania

News summary

President Donald Trump unveiled over $90 billion in AI and energy investments at the Energy and Innovation Summit in Pennsylvania, emphasizing American leadership in technology and energy infrastructure. Major companies such as Google, Blackstone, Meta Platforms, CoreWeave, and Constellation Energy pledged substantial investments in AI data centers, hydropower, nuclear power upgrades, and energy grid enhancements, positioning Pennsylvania as a key hub for the AI economy. Trump highlighted the importance of expanding power production through clean coal, oil, nuclear energy, and natural gas to support AI growth, including a $15 billion investment to revive the Homer City natural gas power plant. The investments aim to create tens of thousands of jobs and maintain the U.S. lead over China in AI development. Additionally, the Department of Defense announced a multi-million-dollar contract with Elon Musk’s xAI to develop advanced AI tools for government use, underscoring the growing integration of AI in national security. Trump declared America’s destiny to dominate every industry, particularly artificial intelligence, with a focus on doubling the power grid to support technological expansion.

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Last Updated
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