President Trump convened major tech and energy executives in Pittsburgh for the Energy and Innovation Summit, announcing a $90 billion AI investment initiative. Attendees included leaders from Meta, Microsoft, and Exxon Mobil, focusing on bolstering U.S. leadership in AI amid a tech race with China. Trump emphasized the need for a streamlined regulatory framework, while Google revealed a $3 billion hydropower deal to support growing AI demands. The initiative aims to address unprecedented power consumption challenges.
President Trump convened major tech and energy executives in Pittsburgh for the Energy and Innovation Summit, announcing a $90 billion AI investment initiative. Attendees included leaders from Meta, Microsoft, and Exxon Mobil, focusing on bolstering U.S. leadership in AI amid a tech race with China. Trump emphasized the need for a streamlined regulatory framework, while Google revealed a $3 billion hydropower deal to support growing AI demands. The initiative aims to address unprecedented power consumption challenges.