Trump to unveil $90 billion investment in AI, energy
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President Donald Trump, in Pennsylvania, touted $92 billion in energy and AI investments in the state from tech and other companies.
The Shapiro administration is slashing red tape and has given developers the green light so Pennsylvania will move at the “speed of business” and become a global competitor in AI. Not everyone is happy about it.
Google and CoreWeave are investing billions of dollars in artificial-intelligence infrastructure in Pennsylvania. It’s part of an AI summit featuring President Donald Trump as he looks to encourage domestic investment in the state.
CoreWeave shares extended gains this week after the Nvidia partner said it would invest more than $6 billion in a new AI data center in Pennsylvania.
Pennsylvania joins a national trend of AI deepfake regulation, with over 38 pieces of legislation being introduced in 18 states this year. Additionally, 80 laws were passed in 2024 to push back on deepfakes, and another 15 were enacted in 2023.
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President Donald Trump will join lawmakers as well as energy and tech titans at the inaugural Energy and Innovation Summit in Pittsburgh, Pennsylvania, next week.
Pennsylvania's House of Representatives unanimously passed a bill regulating the use of deepfakes in election campaigns, joining a growing list of states trying to put guardrails on the technology.
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CoreWeave CEO Michael Intrator sits down with CNBC's Brian Sullivan after announcing the company's $6 billion AI data center investment in Pennsylvania.