US EditionTrump and Sen. Dave McCormick Team up to Promote Energy Investments in Pennsylvania
PENNSYLVANIA, JUL 15 – The $70 billion package focuses on AI data centers, power generation, and workforce training, expected to create tens of thousands of jobs, marking the largest private investment in Pennsylvania's history.
- On Tuesday, President Donald Trump and Senator Dave McCormick announced roughly $70 billion in energy and AI investments in Pennsylvania at a summit in Pittsburgh.
- The announcement follows rising U.S. power demand driven by expanding AI data centers and aims to prioritize regions like Pennsylvania facing grid congestion.
- Major commitments include Amazon's $20 billion data centers, Microsoft's $1.6 billion nuclear plant reopening, and Nippon Steel's $15 billion acquisition of U.S. Steel with pledged regional investment.
- McCormick stated Pennsylvania is uniquely positioned due to energy resources, skilled workers, and technology, adding the investments will create tens of thousands of jobs in the state.
- The investments suggest a shift toward fossil fuel and nuclear support while critics warn this may undermine renewable energy and Pennsylvania must invest to remain competitive.
164 Articles
164 Articles
Trump mocked after blurting out wild boast: 'LARPing as the ghost of FDR'
President Donald Trump issued a rambling boast about his contributions to the U.S. economy during a speech at the Pennsylvania Energy and Innovation Summit on Tuesday, seeming to pull a bizarre number out of thin air.“So in six months, but really three months. But let’s say four months. We have $16 trillion. The other administration had negative. Nobody’s ever seen these numbers?” said Trump.The claim about generating $16 trillion in economic we…
House budget hits wall in Senate - Washington Examiner
(The Center Square) – The day after the Pennsylvania House of Representatives sent them a hefty spending plan, Senate leaders aren’t rushing to act. Instead, they are halfway across the state at a summit in Pittsburgh with congressional, industry and state leaders discussing Pennsylvania’s role in powering the future of artificial intelligence. President Donald Trump will feature at the event. Still, the $50 billion bill awaiting action in the u…
Trump attends major energy and AI summit in Pittsburgh
President Trump and many leaders of the country’s largest technology and energy companies announced more than $90 billion in new investments in the state on Tuesday. Mr. Trump, who spoke for about 30 minutes during a roundtable discussion at the Inaugural Pennsylvania Energy and Innovation Summit at Carnegie Mellon University, said 20 “leading technology and energy companies” will invest in Pennsylvania to develop a new artificial intelligence …
Tech and energy giants pour billions to turn Pennsylvania into an AI hub as part of Trump’s tech push
President Donald Trump on Tuesday announced an investment of more than $90 billion from private companies across tech, energy and finance to turn Pennsylvania into a hub for artificial intelligence — a technology that’s expected to upend everything from the economy to health care and education.
Sen. McCormick, Trump announce billions in AI and energy investments in Pa. at innovation summit: ‘The nation’s future depends on us’
Republican Sen. Dave McCormick organized the summit, which drew appearances from President Trump, major tech CEOs and the state's most prominent Democrats.
Trump Touts $92 Billion in Energy, AI Investments at Pennsylvania Summit
PITTSBURGH—President Donald Trump announced about $92 billion in investments in the Pennsylvania region as he led a roundtable discussion on July 15 at Carnegie Mellon University to close out an energy and innovation summit. “We’re here to announce the largest economic development package in the history of the Commonwealth,” Trump said during opening remarks. “It’s a great day for the people.” More than 20 companies committed to regional investm…
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