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Trump to Announce USD 70 Billion in AI and Energy Investments at Pennsylvania Summit

  • tech360.tv
  • Jul 15
  • 1 min read

U.S. President Donald Trump is set to unveil USD 70 billion in artificial intelligence and energy investments during an event near Pittsburgh on Tuesday.


A man in a suit stands at a podium with "President of the United States" seal. US flags are visible. Hands raised in the foreground.
Credit: THE WHITE HOUSE

The announcement will take place at the first Pennsylvania Energy and Innovation Summit, hosted by Republican Senator David McCormick at Carnegie Mellon University.


According to a White House official and a person familiar with the initiatives, the investments will span multiple industries, including the development of new data centres and upgrades to the power grid.


Hands typing on a laptop displaying a blue circuit-themed screen with "AI" text, conveying a tech-focused mood in a bright office.

The initiatives are expected to support infrastructure expansion and technological advancement in the energy and AI sectors.


Axios first reported the USD 70 billion figure.

  • Trump to announce SGD 94 billion in AI and energy investments

  • Event to be held at Carnegie Mellon University near Pittsburgh

  • Senator David McCormick hosting the Pennsylvania Energy and Innovation Summit


Source: REUTERS


 
 
 

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