Trump announces billions in investments to make Pennsylvania an AI hub

President Donald Trump announced more than $90 billion in investments from private companies tied to AI, tech, and energy during the “inaugural” Pennsylvania Energy and Innovation Summit on Tuesday. Pennsylvania is a leading gas-producing state and an epicenter of the US fracking boom; some of the largest investments tied to the initiative were from energy companies, including “a $25 billion investment in data center and energy infrastructure development in Northeast Pennsylvania” from Blackstone, and $15 billion in expansions announced by First Energy.

Trump repeated calls to “drill, baby, drill” during the event, and some gas companies were included on a fact sheet from Senator Dave McCormick listing the announcements. Enbridge plans to invest $1 billion to expand its gas pipelines “into Pennsylvania,” Equinor is investing $1.6 billion to “boost natural gas production at Equinor’s Pennsylvania facilities and explore opportunities to link gas to flexible power generation for data centers,” and Capital Power said it’s spending $3 billion over 10 years on an upgraded gas facility in the state.

Google’s president and chief investment officer, Ruth Porat, announced that the company plans to invest $25 billion to build data centers and AI infrastructure over the next two years across the PJM region, which includes 13 states and Washington, D.C., along with a 20-year, $3 billion US hydropower deal with Brookfield Energy.

Cloud computing company CoreWeave announced plans to invest more than $6 billion to build a new data center “to power the most cutting-edge AI use cases” in Pennsylvania. Anthropic will commit $1 million over three years to support a program that provides cybersecurity education and an additional $1 million over three years to “support energy research at Carnegie Mellon University.” Meta will invest $2.5 million to “support startups in rural Pennsylvania communities in addition to community accelerator training for small businesses.”

Update, July 15th: Added link to remarks from Google’s Ruth Porat.