As part of his administration’s push to establish U.S. leadership in artificial intelligence, President Donald Trump is set to travel to Pennsylvania on July 15 to unveil more than $90 billion in private sector investments aimed at powering the country’s AI future.
According to the office of Sen. Dave McCormick (R-Pa.), the investment wave includes funding for data centers, energy and power infrastructure, and workforce development — all critical components of the fast-growing AI industry. Pennsylvania, a key swing state in the 2024 election and a major player in energy production, is being positioned as a national hub for AI innovation.
The announcement comes in conjunction with the first Pennsylvania Energy and Innovation Summit, organized by McCormick, a former hedge fund executive. The summit gathered leading figures from the finance and technology sectors who have made substantial commitments to invest in the state’s infrastructure and innovation ecosystem.
Among the largest contributors is Blackstone, which has committed $25 billion toward the development of data centers and energy infrastructure in northeastern Pennsylvania. According to McCormick’s office, the investment will create 6,000 construction jobs and 3,000 permanent jobs, significantly boosting the region’s economy.
In addition, First Energy has pledged $15 billion to enhance power distribution and strengthen Pennsylvania’s electrical grid. The upgrades will support operations in 56 of the state’s 67 counties, ensuring the resilience and reliability needed to support advanced industries, including AI and manufacturing.
“Pennsylvania is the nation’s second-largest energy producer and a global leader in nuclear power,” said McCormick in a statement. “That makes us uniquely positioned to deliver the abundant, affordable energy that AI and advanced manufacturing demand.”
President Trump has consistently prioritized AI as a cornerstone of American competitiveness. Early in his administration, he signed an executive order aimed at eliminating barriers to AI innovation and reinforcing U.S. leadership in emerging technologies.
The Pennsylvania initiative reflects a broader strategy to align the private sector with national priorities in technology and energy — and to highlight job creation and infrastructure investment in a politically critical state.
