Trump, McCormick Announce $75 Billion Energy and AI Investment Ahead of Pennsylvania Innovation Summit

By Virginia Times Staff
Pittsburgh, PA — July 15, 2025

Pennsylvania is poised for a historic moment today as Senator Dave McCormick and President Donald J. Trump prepare to kick off the Pennsylvania Energy and Innovation Summit at Carnegie Mellon University. Set against the backdrop of Pittsburgh’s legacy in steel and tech, the summit will unveil an ambitious $75 billion investment in AI and energy infrastructure across the state.

“This Summit will showcase Pennsylvania’s incredible potential to power the AI revolution and create opportunities for Pennsylvanians,” Senator McCormick stated in his official announcement, underscoring the state’s pivotal role in the next era of American industrial leadership.

The summit is expected to attract a high-profile roster of attendees, including President Trump, members of his Cabinet, top AI and energy executives, labor and trade leaders, and major global investors. It aims to position Pennsylvania as a launchpad for American innovation in artificial intelligence, sustainable energy, and digital infrastructure.

The $75 billion investment package will fund a variety of initiatives, including advanced energy development, AI industrial labs, and statewide workforce training programs. Key regions such as Pittsburgh, Scranton, and Harrisburg are slated to benefit from targeted pilot projects and manufacturing incentives.

President Trump’s involvement signals the administration’s ongoing commitment to economic revitalization through American-made technology and energy independence. White House officials previewed that the President will speak on the importance of AI in national competitiveness and job creation during the event.

Pittsburgh’s Tech Community Sets the Stage

On the eve of the summit, Pittsburgh’s startup scene took center stage. Local founders and investors gathered at autonomous trucking startup Aurora on Monday to preview the region’s readiness to host this pivotal national event. Their goal: to demonstrate why Pittsburgh’s blend of industrial grit and tech innovation makes it an ideal testbed for AI-powered infrastructure.

“Some of the money starts flowing immediately, some in the next couple of years,” McCormick told KDKA Radio, referencing the planned rollout of energy and AI infrastructure across the state. According to the Pittsburgh Post-Gazette, the funds will support the construction of data centers, the transition from coal to gas, high-efficiency power grids, and skilled labor development.

What’s Next?

The summit agenda includes keynote addresses from top federal officials, breakout panels with AI and energy experts, and private investor roundtables. Carnegie Mellon University’s prominence in artificial intelligence research makes it a symbolic and strategic venue for this major announcement.

Observers anticipate that the summit will yield long-term economic strategies for re-industrializing America’s heartland—placing Pennsylvania not only on the national stage but at the forefront of a global transformation in smart energy and automation.

(With inputs from agencies)

VIRGINIA TIMES – YOUR TRUSTED MEDIA