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Trump to Announce $90 Billion in AI and Energy Deals at CEO Summit

Major tech and energy firms unite in Pennsylvania as Trump leads effort to reclaim American industrial dominance from China.

President Donald Trump is taking bold steps to ensure America dominates the next wave of industrial growth. On Tuesday, Trump will meet with top executives from the nation’s most powerful tech and energy firms in Pittsburgh, just as Google announces a multi-billion-dollar investment in U.S. infrastructure. The message is clear: American innovation is back under strong leadership.

At the Energy and Innovation Summit held at Carnegie Mellon University, leaders from Alphabet (Google), Meta, Microsoft, ExxonMobil, and others will join Trump to chart a future where the U.S. becomes the undisputed leader in both artificial intelligence and energy production. The meeting is expected to coincide with $90 billion in new investments, a move that Sen. Dave McCormick (R-PA) calls “the next industrial revolution.”

Here’s what’s on the table:

  • Google is committing $25 billion to build AI data centers and upgrade energy infrastructure across multiple states, including $3 billion toward restoring two hydropower plants in Pennsylvania.

  • Blackstone is investing $25 billion in energy infrastructure in Pennsylvania to meet the surging demand from tech facilities.

  • Over 60 CEOs from the world’s largest firms are attending the summit, with projects focused on data centers, energy transmission, and skilled workforce development.

This renewed investment comes at a critical time. PJM Interconnection the largest power grid operator in the U.S. is already buckling under the pressure from growing data demands. Trump's team is reportedly weighing an executive order that would fast-track access to power grids and land for major AI operations, cutting red tape and unleashing American enterprise.

While the Biden administration is still fumbling through solar panel subsidies and green energy photo-ops, Trump is building the real backbone of America’s future economy with private industry, American workers, and tangible infrastructure.

The summit also shines a spotlight on national security, as the Trump administration pushes back against China’s grip on rare earth minerals. Apple, in line with this shift, announced a $500 million deal with MP Materials to source rare earth magnets domestically undermining Beijing’s dominance and reinforcing America’s tech independence.

Let’s be clear this is the kind of leadership that moves mountains. Under Trump, America isn’t just talking about the future we’re building it.

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