Senator Dave McCormick (R-PA) and President Donald J. Trump are set to announce over $90 billion in private-sector investments aimed at boosting Pennsylvania’s energy, artificial intelligence (AI), and innovation sectors. The announcement will take place at the first Pennsylvania Energy and Innovation Summit in Pittsburgh, marking what organizers describe as the largest private investment in the state’s history.
The summit brings together leaders from global energy companies, AI firms, major investors, labor unions, and government officials to highlight Pennsylvania’s role in these industries. According to event organizers, these investments are expected to create tens of thousands of jobs across various regions of the state.
“As the nation’s second largest energy producer and a global nuclear power leader, Pennsylvania is uniquely positioned to deliver the abundant, affordable energy that growing AI and advanced manufacturing sectors demand. We have the skilled workforce to build and operate this critical infrastructure, world-class universities driving innovation, and strategic proximity to over half the country’s population,” said Senator McCormick. “I am proud to partner with President Trump and the business leaders here today to drive a new era of industrial growth that helps make America energy dominant while creating jobs and opportunities for working families across Pennsylvania.”
The list of summit attendees includes prominent figures such as Khaldoon Al-Mubarak of Mubadala; Dario Amodei of Anthropic; Nir Bar Dea of Bridgewater; Brendan Bechtel of Bechtel; Scott Bessent, United States Secretary of the Treasury; Brandon Bishop from North America Building Trades Union; Doug Burgum, United States Secretary of the Interior; Joe Dominguez from Constellation Energy; Larry Fink from BlackRock; Bruce Flatt from Brookfield Asset Management; Matt Garman from Amazon Web Services; John Graham from CPP Investments; Jon Gray from Blackstone; Rene Haas from Arm/SoftBank; Farnam Jahanian from Carnegie Mellon University; Alex Karp from Palantir; Lim Chow Kiat from GIC; Jake Loosararian from Gecko Robotics; Howard Lutnick, United States Secretary of Commerce; Ruth Porat from Google; Toby Rice from EQT Corporation; David Sacks (White House); Dan Sumner from Westinghouse Electric Company; Darren Woods from ExxonMobil; Chris Wright, United States Secretary of Energy.
State-level participants include Governor Josh Shapiro, Senate leaders Joe Pittman and Kim Ward, Treasurer Stacy Garrity, as well as Representatives John Joyce and Dan Meuser.
