Trump will announce $70 billion in AI and energy investments, with executives from companies like BlackRock on hand
2025-07-14 17:30:04
President Donald Trump will announce plans in Pennsylvania on Tuesday for $70 billion in investments in artificial intelligence (AI) and energy, the latest White House initiative to accelerate the development of this emerging technology. Investments from a variety of companies will include new data centers, expansion of power generation facilities, upgrades to grid infrastructure, and the provision of AI training programs and apprenticeship programs. Up to 60 leaders in AI and energy are expected to attend. Among those expected to attend are Larry Fink of BlackRock, Alex Karp of Palantir Technologies Inc., Dario Amody of Anthropic, Darren Woods of ExxonMobil and Mike Worth of Chevron.
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