BlockBeats News, July 15th, President Trump is set to announce a $700 billion artificial intelligence and energy investment plan in Pennsylvania on Tuesday, marking the latest move by the White House to accelerate the development of emerging technologies.
According to a government official, Trump will unveil the details of these new plans at an event outside Pittsburgh. Investments from multiple companies will cover new data center construction, expanding power generation capacity, upgrading grid infrastructure, and launching artificial intelligence training programs and apprenticeships. The event will be hosted by Republican Senator McKamey, with up to 60 industry leaders in artificial intelligence and energy expected to attend.
A spokesperson for McKamey said that Blackstone Group CEO Gray will announce a $250 billion data center and energy infrastructure construction plan at the meeting, which is expected to create approximately 6,000 construction jobs and 3,000 long-term jobs annually. Blackstone Group has not yet commented on the matter. (Jinse Finance)