At the first Pennsylvania Energy and Innovation Summit, President Donald Trump announced more than $90 billion in private sector investments aimed at turning Pennsylvania into a hub for artificial intelligence and energy development. The announcement drew support from major tech and energy firms, all pledging significant spending to build data centers, expand infrastructure, and support local communities.
A major portion of the funding will come from energy companies. Blackstone revealed a $25 billion investment to develop data centers and energy infrastructure in Northeast Pennsylvania. First Energy announced $15 billion in expansion projects. Other contributors include Enbridge, with $1 billion set aside to grow its gas pipelines into the state, and Equinor, which plans to invest $1.6 billion to boost natural gas production and explore how it can power AI data centers. Capital Power also committed $3 billion over the next decade to modernize a Pennsylvania-based gas facility.
Tech giants are also playing a leading role. Google’s Ruth Porat shared the company’s plan to invest $25 billion over two years in AI and data center infrastructure across the PJM region, which includes Pennsylvania and 13 other states. Google also signed a $3 billion, 20-year hydropower agreement with Brookfield Energy to support its data operations.
Cloud firm CoreWeave plans to spend $6 billion on a data center designed to support advanced AI applications in the state. Anthropic will invest $2 million over three years to fund cybersecurity training and energy research at Carnegie Mellon University.
Meta is contributing $2.5 million toward rural startup development and small business accelerator programs. Amazon Web Services also reaffirmed its previously announced $20 billion investment to boost cloud computing and AI in Pennsylvania. CEO Matt Garman attended the event alongside other industry leaders.
Trump, who reiterated his “drill, baby, drill” stance, positioned the initiative as a major step for job creation, energy independence, and technological leadership. With both the energy and tech sectors aligning behind the state, the investments aim to solidify Pennsylvania’s role in powering the future of AI and digital infrastructure in America.
