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.