Trump to Launch $70 Billion AI-Energy Plan at Pittsburgh Summit

OilPrice · Charles Kennedy · last updated July 14, 2025 – 10:51 PM

U.S. President Donald Trump is expected to unveil a $70-billion investment package on Tuesday designed to give a major funding boost to energy and data infrastructure, Reuters reports, with the announcement set to come during the Pennsylvania Energy & Innovation Summit in Pittsburgh. Sources familiar with the plan also told Bloomberg that the funding would include federal-private partnerships and possible Department of Energy-led permitting reforms. While exact allocations remain undisclosed as of the time of writing, the package is expected…

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