Trump to unveil $70 billion in AI and energy investments


FILE PHOTO: U.S. President Donald Trump walks on the South Lawn as he arrives at the White House in Washington, D.C., U.S., July 13, 2025. REUTERS/Annabelle Gordon/ File Photo

PITTSBURGH (Reuters) -U.S. President Donald Trump will announce $70 billion in artificial-intelligence and energy investments on Tuesday, according to a White House official and a person familiar with the initiatives.

Trump will reveal details of these new initiatives at an event near Pittsburgh, where he will be joined by Republican Senator David McCormick, who is hosting the first Pennsylvania Energy and Innovation Summit at Carnegie Mellon University.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

Explainer-What is so special about TikTok's algorithm?
Robotics pioneer says the field has lost its way
Google warns staff with US visas against international travel due to embassy delays, Business Insider says
Sleep cots and graham crackers at Elon Musk’s child care program
Three tips to give your kids the best holiday present you can get – a healthier relationship with screens
Opinion: Australia just banned kids from social media. Shouldn't we all?
Meta's Dina Powell McCormick quits board, may stay on as adviser
EU Council backs digital euro with both online and offline functionality
AI boom drives data-center dealmaking to record high, says report
Nvidia-Intel deal cleared by US antitrust agencies

Others Also Read