President Donald Trump participated in announcing more than $90 billion in artificial intelligence and energy investments during the inaugural Pennsylvania Energy and Innovation Summit on Tuesday, marking a significant commitment from major tech companies to expand AI infrastructure across the state.
Major Tech Company Commitments
Google emerged as the largest investor in the announcement, with the company planning to deploy $25 billion to construct data centers and AI infrastructure for the electric grid within the PJM region. Google President and Chief Investment Officer Ruth Porat detailed the investment during her remarks at the event. Additionally, Google announced a separate $3 billion partnership with Brookfield Energy focused on US hydropower development.
Cloud computing company CoreWeave unveiled plans to invest over $6 billion in building a new data center facility in Pennsylvania, specifically designed to “power the most cutting-edge AI use cases.” The investment represents one of the largest commitments to AI infrastructure in the state’s history.
Meta announced a smaller but targeted investment of $2.5 million aimed at supporting startups in rural Pennsylvania communities, including community accelerator training programs for small businesses. Meanwhile, Anthropic committed $2 million over three years, split between cybersecurity education programs and energy research support at Carnegie Mellon University.
Energy Sector Investments
The announcement package included substantial commitments from energy companies, reflecting Pennsylvania’s position as a leading natural gas producer and center of the US fracking industry. Enbridge plans to invest $1 billion to expand its gas pipeline infrastructure into Pennsylvania, while Equinor announced a $1.6 billion investment to boost natural gas production at its Pennsylvania facilities and explore opportunities to connect gas resources to flexible power generation for data centers.
The energy investments align with Trump’s continued advocacy for expanded domestic energy production. During the event, the president repeated his signature “drill, baby, drill” messaging, emphasizing the administration’s commitment to maximizing US energy output.
Pennsylvania’s Strategic Position
Pennsylvania’s selection as the venue for these announcements underscores the state’s growing importance in both the AI infrastructure buildout and America’s energy landscape. The state has been at the epicenter of the US fracking boom and offers strategic advantages for data center development, including proximity to major East Coast markets and access to abundant energy resources.
The investments represent a convergence of AI infrastructure needs with traditional energy sector capabilities, as data centers require substantial and reliable power sources to support increasingly sophisticated AI applications. The combination of tech and energy investments suggests a coordinated approach to addressing the infrastructure demands of the AI revolution while leveraging domestic energy resources.
The Pennsylvania Energy and Innovation Summit, billed as an inaugural event, signals the administration’s intention to continue facilitating large-scale private sector investments in critical technology and energy infrastructure.