President Donald Trump on Tuesday celebrated a major economic win for Pennsylvania and the nation, announcing more than $92 billion in fresh private-sector investments in energy and artificial intelligence infrastructure.
Speaking at the inaugural Pennsylvania Energy & Innovation Summit in Pittsburgh, Trump was joined by tech and energy executives, Sen. Dave McCormick (R-PA), and key Cabinet members. The president hailed the announcement as a landmark moment for American innovation and energy dominance.
“This is a really triumphant day for the people of the commonwealth and for the United States of America,” Trump said. “We’re talking about more than $56 billion in new energy infrastructure and another $36 billion in state-of-the-art data centers—and there’s even more to come.”
Trump made clear that the investments aren’t just about economics—they’re a strategic move to secure America’s global leadership in AI and counter China’s growing technological ambitions.
“We believe that America’s destiny is to dominate every industry and be the first in every technology,” Trump declared. “That includes being the number one superpower in artificial intelligence. We are way ahead of China, and it’s not even close.”
A centerpiece of the announcement is a $25 billion commitment from Blackstone Inc., which will build AI-focused data centers alongside energy infrastructure in Pennsylvania. By co-locating AI centers near power sources, Blackstone aims to streamline operations and avoid costly transmission delays.
“The special sauce here is putting these together—data and energy—because building transmission lines and pipelines across states is really difficult,” Blackstone President Jon Gray explained.
The Trump administration has made fossil fuel production a cornerstone of its strategy to meet the soaring power demands of AI infrastructure. The Department of Energy recently warned that blackouts could become 100 times more frequent by 2030 if reliable energy sources continue to be shut down without replacement.
Tuesday’s announcement reinforces President Trump’s pledge to unleash American energy, dominate cutting-edge technology, and build the infrastructure of the future right here at home.