Report: Trump will announce a $70 billion investment in AI and energy, with executives from companies like BlackRock attending the event

Wallstreetcn
2025.07.14 17:13

U.S. President Trump will announce a $70 billion investment plan for artificial intelligence (AI) and energy sectors in Pennsylvania on Tuesday, marking the latest initiative by the White House to accelerate the development of this emerging technology. Investments from multiple companies will include the construction of new data centers, expansion of power generation facilities, upgrades to grid infrastructure, and the provision of AI training programs and apprenticeship schemes. Up to 60 leaders in the AI and energy fields are expected to attend. Notable attendees are expected to include Larry Fink of BlackRock, Alex Karp of Palantir Technologies Inc., Dario Amodei of Anthropic, Darren W. Woods of Exxon Mobil, and Mike Wirth of Chevron. (Bloomberg)

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