Trump Announces Pennsylvania Will Receive $90B+ in AI and Energy Investments

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Tech companies and investors will devote more than $90 billion to AI and energy infrastructure investments in Pennsylvania, President Donald Trump and Sen. Dave McCormick (R-Pa.) announced today at the Pennsylvania Energy and Innovation Summit held in Pittsburgh.

“Remaining the world’s leader in AI will require an enormous increase in energy production, and that’s taking place,” Trump said.

The recurring theme at the panels was that American dominance in AI – in particular in opposition to China – will require a more robust energy grid than the US currently possesses. Speakers supported expanding coal, oil, nuclear, and natural gas operations as well as, in some cases, renewable energy sources.

Trump added, “Today’s commitments are ensuring that the ...