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Trump announces billions in investments to make Pennsylvania an AI hub

Jay Peters

created: July 15, 2025, 8:46 p.m. | updated: July 16, 2025, 12:37 p.m.

is a news editor covering technology, gaming, and more. He joined The Verge in 2019 after nearly two years at Techmeme. President Donald Trump announced more than $90 billion in investments from private companies that they said are tied to AI, tech, and energy during the “inaugural” Pennsylvania Energy and Innovation Summit on Tuesday. Trump repeated calls to “drill, baby, drill” during the event, and some gas companies were included on a fact sheet from Senator Dave McCormick listing the announcements. Cloud computing company CoreWeave announced plans to invest $6 billion in a data center “to power the most cutting-edge AI use cases” in Pennsylvania.

1 month, 1 week ago: The Verge