The event will "bring together the world’s top leaders in energy and AI, alongside the biggest global investors, labor and trades leaders, and government officials."
The annoucement planned for Tuesday will come during the inaugural Pennsylvania Energy and Innovation Summit in Pittsburgh, and will "bring together the world’s top leaders in energy and AI, alongside the biggest global investors, labor and trades leaders, and government officials, to showcase Pennsylvania’s incredible potential to power the AI revolution," a press release from McCormick's office stated.
McCormick will be joined by Trump, leaders in energy, and others at Carnegie Mellon University for the announcement. The $70 billion is the "largest investment commitment in these industries in terms of dollars for the state and jobs created in the history of the Commonwealth," McCormick said, per Axios.
"Anticipated investments include new data centers, new power generation and grid infrastructure to meet surging data center demand, along with AI training programs and apprenticeships for businesses," a preview of McCormick's speech adds.
COO of Blackstone, an alternate asset manager, is expected to announce a $25 billion investment into the infrastructure needed for AI, including energy and data centers. It will be expected to spur 6,000 annual jobs in construction and 3,000 permanent jobs.
"President Trump has put together a bold strategy to strengthen and maintain America's AI and energy dominance," McCormick told Axios. He added that the summit "is the first of its kind to convene the top CEOs and leaders from energy, AI, labor, and the world's largest sources of capital, demonstrating that Pennsylvania is ready to lead in the AI and energy revolution."
Powered by The Post Millennial CMS™ Comments
Join and support independent free thinkers!
We’re independent and can’t be cancelled. The establishment media is increasingly dedicated to divisive cancel culture, corporate wokeism, and political correctness, all while covering up corruption from the corridors of power. The need for fact-based journalism and thoughtful analysis has never been greater. When you support The Post Millennial, you support freedom of the press at a time when it's under direct attack. Join the ranks of independent, free thinkers by supporting us today for as little as $1.
Remind me next month
To find out what personal data we collect and how we use it, please visit our Privacy Policy
Comments