Trump to Announce $70 Billion AI and Energy Investment with Top Executives from BlackRock and Other Firms Attending
According to a report by Jinse Finance, U.S. President Trump will announce a $70 billion investment plan for the fields of artificial intelligence (AI) and energy in Pennsylvania on Tuesday. This is 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, as well as the provision of AI training programs and apprenticeship schemes. Up to 60 leading figures from the AI and energy sectors are expected to attend. Anticipated attendees include Larry Fink of BlackRock, Alex Karp of Palantir Technologies Inc., Dario Amodei of Anthropic, Darren Woods of ExxonMobil, and Mike Wirth of Chevron.
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