Tech and energy giants pour billions to turn Pennsylvania into an AI hub as part of Trump’s tech push
CNN
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.
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. The announcement was made during the Pennsylvania Energy and Innovation Summit in Pittsburgh, hosted by Sen. Dave McCormick of Pennsylvania, and is part of a push by the Trump administration to ensure the United States stays ahead of China in the AI race. A key part of that will be to make sure the United States has the energy necessary to power it all, which was the central focus of Tuesday’s event and the billions in funding. The event emphasized a key part of Trump’s vision for the American economy: making as much as possible within US borders, at every stage of a product’s life cycle. “With that historic announcement and the new commitments being made today, we’re building a future where American workers will forge the steel, produce the energy, build the factories and really run a country like, I believe, like this country has never been run before,” Trump said at the event. A swath of high-profile companies, including Anthropic, Blackstone, Brookfield, CoreWeave, Google, Constellation Energy and Meta, are among those making investments as part of the initiative. The push comes as China has been ramping up its energy efforts, particularly in renewable energy sources and coal. Tech giants are grappling with the demanding energy needs required to power AI applications. Electricity demand from data centers globally is expected to double to around 945 terawatt-hours by 2030, slightly more than the entire electricity consumption of Japan.
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