{"id":12556,"date":"2025-07-15T21:16:03","date_gmt":"2025-07-15T21:16:03","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/12556\/"},"modified":"2025-07-15T21:16:03","modified_gmt":"2025-07-15T21:16:03","slug":"trump-promotes-energy-investments-in-pennsylvania","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/12556\/","title":{"rendered":"Trump promotes energy investments in Pennsylvania"},"content":{"rendered":"

PITTSBURGH (AP) \u2014 President Donald Trump<\/a> and Sen. David McCormick of Pennsylvania<\/a> touted tens of billions of dollars of recent energy and technology investments Tuesday as the president boasted of a \u201ctrue golden age for America\u201d in energy policy and artificial intelligence. <\/p>\n

Trump traveled to Pittsburgh at a summit helmed by McCormick that included dozens of top executives from companies aiming to make the city and the state a hotspot for advancements in robotics, artificial intelligence and energy<\/a>. McCormick announced more than $90 billion of investments in the state \u2014 spurring tens of thousands of jobs \u2014 although some of the projects had already been in progress ahead of the summit. <\/p>\n

\u201cI think we have a true golden age for America. And we\u2019ve been showing it, and it truly is the hottest country anywhere in the world,\u201d Trump said at the Pennsylvania Energy and Innovation Summit, held at Carnegie Mellon University. \u201cI\u2019m honored to be in Pennsylvania, and I\u2019m honored to be in Pittsburgh. And you\u2019re going to see some real action here. So get ready.\u201d<\/p>\n

Trump has repeatedly pledged U.S. \u201cenergy dominance\u201d in the global market, and Pennsylvania \u2014 a swing state critical to his wins in 2016 and 2024 \u2014 is at the forefront of that agenda, in large part due to its coal and gas industry that the Republican administration has taken steps<\/a> to bolster.<\/p>\n

Both the president and his senior administration officials on Tuesday framed the investments as part of a race against China for the most advanced deployment of artificial intelligence, with Trump saying \u201cwe are way ahead of China, I have to say.\u201d <\/p>\n

\u201cChina and other countries are racing to catch up to America on AI, and we\u2019re not going to let them do it,\u201d Trump said. He added that the U.S. will be \u201cfighting them in a very friendly fashion.\u201d<\/p>\n

Before Trump spoke, his Cabinet members spoke of the need to produce as much energy as possible \u2014 especially from coal and natural gas \u2014 to beat China in the artificial intelligence race for the sake of economic and national security.<\/p>\n

\u201cThe AI revolution is upon us,\u201d Commerce Secretary Howard Lutnick said during a panel discussion. \u201cThe Trump administration will not let us lose. We need to do clean, beautiful coal. We need to do natural gas, we need to embrace nuclear, we need to embrace it all because we have the power to do it and if we don\u2019t do it we\u2019re fools.\u201d<\/p>\n

Some of the investments on a list released by McCormick\u2019s office were not necessarily brand new, while others were. Some involve massive data center projects, while others involve building power plants, expanding natural gas pipelines, upgrading power plants or improving electricity transmission networks.<\/p>\n

Google said it would invest $25 billion on AI and data center infrastructure over the next two years in PJM\u2019s mid-Atlantic electricity grid, while investment firm Brookfield said it had signed contracts to provide more than $3 billion of power to Google\u2019s data centers from two hydroelectric dams on the Susquehanna River in Pennsylvania. <\/p>\n

Frontier Group said it would transform the former Bruce Mansfield coal-fired power plant in western Pennsylvania into a new natural gas-fired plant, and AI cloud computing firm CoreWeave said it will spend more than $6 billion to equip a data center in south central Pennsylvania. Blackstone plans to spend $25 billion on data centers and power infrastructure in northeastern Pennsylvania, and the company will start construction by the end of 2028, said Jon Gray, its CEO. <\/p>\n

McCormick, a first-term Republican senator who organized the inaugural event, said the summit was meant to bring together top energy companies and AI leaders<\/a>, global investors and labor behind Trump\u2019s energy policies and priorities. <\/p>\n

The list of participating CEOs includes leaders from global behemoths like Blackstone, Bridgewater, SoftBank, Amazon Web Services, BlackRock and ExxonMobil and local companies such as the Pittsburgh-based Gecko Robotics, which deploys AI to bolster energy capacity. Gov. Josh Shapiro<\/a>, a Democrat, also spoke.<\/p>\n

\u201cWhat\u2019s exciting about this event is it\u2019s a great catalyst for investments and closing deals in the region,\u201d said Jake Loosararian, the founder and CEO of Gecko Robotics. <\/p>\n

Administration officials speaking at the summit included White House crypto czar David Sacks, Energy Secretary Chris Wright and Lutnick. Treasury Secretary Scott Bessent and Interior Secretary Doug Burgum also attended.<\/p>\n

McCormick credited his wife, Dina Powell McCormick, with the idea for a summit. Powell McCormick served as Trump\u2019s deputy national security adviser in his first term and is a former Goldman Sachs executive who is now at BDT & MSD Partners, a merchant bank. <\/p>\n

Pittsburgh is home to Carnegie Mellon University, a prestigious engineering school, plus a growing industry of small robotics firms and a so-called \u201c AI Avenue<\/a> \u201d that\u2019s home to offices for Google and other AI firms. It also sits in the middle of the prolific Marcellus Shale natural gas reservoir.<\/p>\n

\u201cWhat\u2019s going on is a rewiring of the economy, of the world over the next 15 years and that takes trillions and trillions and tens of trillions of dollars and it starts with power,\u201d said Bruce Flatt, CEO of Brookfield, during a panel discussion.<\/p>\n

Pennsylvania has scored big investment wins in recent months, some driven by federal manufacturing policy and others by the ravenous need for electricity from the fast-growing<\/a> AI business.<\/p>\n

Nippon Steel just bought<\/a> U.S. Steel for almost $15 billion, getting Trump\u2019s approval<\/a> after pledging to invest billions alone in U.S. Steel\u2019s Pittsburgh-area plants.<\/p>\n

Amazon will spend<\/a> $20 billion on two data center complexes in Pennsylvania, while the one-time Homer City coal-fired power plant is being turned into the nation\u2019s largest gas-fired power plant<\/a> to fuel a data center campus. Meanwhile, Microsoft says it is spending $1.6 billion to reopen the lone functional nuclear reactor<\/a> on Three Mile Island<\/a> under a long-term power supply agreement for its data centers.<\/p>\n

___<\/p>\n

Levy reported from Harrisburg, Pa. Associated Press writer Melissa Goldin in Washington contributed to this report.<\/p>\n","protected":false},"excerpt":{"rendered":"PITTSBURGH (AP) \u2014 President Donald Trump and Sen. David McCormick of Pennsylvania touted tens of billions of dollars…\n","protected":false},"author":2,"featured_media":12557,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[4613,12300,1927,181,12295,12293,12290,12294,28,3316,12292,12297,12291,12288,12289,12298,12,5473,3321,5240,793,8148,851,11382,12301,12299,8629,12296,5631,3234,7383,111,12302,74,795,792,800],"class_list":["post-12556","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-alphabet","tag-amazon-com","tag-ap-top-news","tag-artificial-intelligence","tag-blackrock","tag-brookfield-corp","tag-bruce-flatt","tag-bruce-mansfield","tag-business","tag-christopher-wright","tag-construction-and-engineering","tag-coreweave","tag-data-management-and-storage","tag-david-mccormick","tag-david-sacks","tag-dina-powell-mccormick","tag-donald-trump","tag-doug-burgum","tag-energy-industry","tag-exxon-mobil-corp","tag-general-news","tag-howard-lutnick","tag-inc","tag-information-technology","tag-jake-loosararian","tag-jon-gray","tag-josh-shapiro","tag-marcellus-shale","tag-pa-state-wire","tag-pennsylvania","tag-pittsburgh","tag-politics","tag-softbank-corp","tag-technology","tag-u-s-news","tag-united-states-government","tag-washington-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/12556","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=12556"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/12556\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/12557"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=12556"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=12556"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=12556"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}