Some of the big US investments being made in AI and energy

Major US Investments Announced for AI and Energy Sectors President Trump has unveiled $70 billion in new initiatives for artificial intelligence and energy investments during an event near Pittsburgh. The investment package targets development of new data centers, power grid upgrades, and cross-sector collaboration. Announced at the Pennsylvania Energy and Innovation Summit at Carnegie Mellon University, this funding aims to maintain US leadership in the global energy transition while focusing on reliability and modernization. Industry stakeholders emphasized the importance of these investments amid increasing electrification demands and aging infrastructure challenges.

Blackstone is investing $25 billion to build data centers and natural gas plants in Pennsylvania, with facilities strategically co-located to reduce deployment delays. This approach addresses growing power demands from AI expansion while positioning Pennsylvania as a hub for data processing and energy infrastructure. The initiative includes partnerships with local utilities and aims to streamline AI development through improved power access.

Broadcom's new Tomahawk Ultra networking chip targets AI and high-performance computing markets, challenging Nvidia's dominance. The chip delivers ultra-low latency (250 nanoseconds), 51.2 Tbps throughput, and supports interconnecting 512 devices. Unlike Nvidia's proprietary NVLink, Tomahawk Ultra uses standard Ethernet protocols while matching performance requirements. This innovation represents a significant advancement in Ethernet technology for AI infrastructure, potentially reshaping how large-scale AI systems are built by cloud providers and enterprises.

Google partnered with Brookfield Renewable Energy to secure $3 billion in hydropower from Pennsylvania dams, part of a framework for up to 3 gigawatts of capacity. This reliable, carbon-free energy source is crucial for powering Google's expanding data centers and meeting climate goals. While new hydro projects face constraints, existing facilities are becoming more valuable as tech companies seek clean energy for AI operations. Google is also investing $25 billion in regional data centers, highlighting the tech industry's growing energy needs.