Trump To Meet With Tech And Energy Giants After Google Announces Huge Investment In U.S.

President Donald Trump is slated to meet with tech and energy executives in Pittsburgh on Tuesday, shortly after Google announced a major investment in American energy.

Executives from Google’s parent company Alphabet, along with officials from Meta, Microsoft, Exxon Mobil, and other companies, will gather at the Energy and Innovation Summit at Carnegie Mellon University, where Trump is expected to join them for discussions on making the United States the world leader in artificial intelligence, Reuters reported. Trump is also expected to announce $90 billion worth of AI and energy investments in Pennsylvania in what Sen. Dave McCormick (R-PA) is calling “the next industrial revolution.”

“We are really creating something unique here in Pennsylvania today,” McCormick told CNBC. “There’s never been a gathering of the CEOs of energy investing and artificial intelligence coming together to talk about how we win the energy revolution and also [how] we win the AI revolution.”

“Today, we’ve got about 60 CEOs of the biggest companies in the world, we’ve got commitments of more than $90 billion of investment in data centers, in energy production, in transmission, in distribution, and investing in skilled workers,” he added.

PA is uniquely positioned to lead— we have abundant energy, an incredible skilled workforce, remarkable technologists and technology, and under President @realDonaldTrump, we have the right leadership to move forward.

Today, we’re securing over $90 billion of investment in PA. pic.twitter.com/bWn1bxNEvj

— Senator Dave McCormick (@SenMcCormickPA) July 15, 2025

Google announced on Tuesday that it would invest $25 billion in data centers and AI infrastructure in multiple states. The big tech company also announced that it would invest $3 billion in updating two hydropower plants in Pennsylvania to support its growing AI infrastructure, CNBC reported. Asset management firm Blackstone also announced a $25 billion investment in energy infrastructure in Pennsylvania. The investments come as PJM Interconnection, the largest power grid in the United States, is struggling to keep up with the massive demand from new data centers.

As companies and the government seek a solution to the issue, the Trump administration is considering an executive order to help big tech companies more easily connect to power grids and secure land for their massive AI projects, according to Reuters.

Trump’s meeting with tech and energy executives also comes as the White House is making progress toward its goal of reducing dependence on China for rare earth minerals, another major economic and national security concern for the administration. Apple announced on Tuesday that it agreed to a $500 million deal with MP Materials to purchase rare earth magnets used in iPhones and other products from the American company.