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Trump will announce a $70 billion investment in AI and energy, with executives from companies like BlackRock attending the event.
[Trump to announce $70 billion investment in AI and energy, executives from firms like BlackRock will attend] U.S. President Trump will announce a $70 billion investment plan for artificial intelligence (AI) and energy sectors in Pennsylvania on Tuesday, which is the latest initiative by the White House to accelerate the development of this emerging technology. Investments from multiple companies will include new data centers, expanded power generation facilities, upgraded grid infrastructure, and the provision of AI training programs and apprenticeship schemes. Up to 60 leaders in the AI and energy sectors are expected to attend. Attendees are expected to include Larry Fink from BlackRock, Alex Karp from Palantir Technologies Inc., Dario Amodei from Anthropic, Darren W. Wood from ExxonMobil, and Mike Wirth from Chevron.