Overview

• The inaugural Pennsylvania Energy and Innovation Summit yielded $70 billion in firm commitments from over 60 CEOs and investors.
• Blackstone announced a $25 billion project to build data centers and power infrastructure in Northeast Pennsylvania, promising 6,000 construction jobs and 3,000 permanent roles.
• Major tech and energy firms signaled broader pledges could top $90 billion by committing to new data center, power generation and grid infrastructure projects.
• The administration has rescinded AI chip export curbs and invoked DOE emergency authority to keep power plants online to meet surging data center demand.
• Hosting the summit in a key swing state underscores Pennsylvania’s abundant energy resources, skilled workforce and leading research institutions as pillars of U.S. AI and energy security.