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Trump Touts Billions in Investments to Create AI Hub in Pennsylvania

Some of the world’s biggest companies pledged tens of billions of dollars to accelerate the development of artificial intelligence infrastructure in Pennsylvania, the latest splashy investments to draw praise from President Trump. Google said it would put $25 billion into data centers needed to train AI models and related infrastructure in Pennsylvania and the surrounding region over the next two years. Private-equity firm Blackstone promised another $25 billion. AI startup CoreWeave announced a $6 billion investment. Power companies FirstEnergy and Constellation Energy are part of a group pouring billions more into increasing electricity generation in the area, according to the White House.  Trump Touts Billions in Investments to Create AI Hub in Pennsylvania – WSJ

Westinghouse Plans to Build 10 Large Nuclear Reactors in U.S., Interim CEO Tells Trump

Westinghouse plans to build 10 large nuclear reactors in the U.S. with construction to begin by 2030.  Westinghouse’s big AP1000 reactor generates enough electricity to power more than 750,000 homes, according to the company. Building 10 of these reactors would drive $75 billion of economic value across the U.S. and $6 billion in Pennsylvania. Trump issued four executive orders in May that aim to quadruple nuclear power in the U.S. by 2050. The U.S. has built only two new nuclear reactors over the past 30 years, both of which were Westinghouse AP1000s at Plant Vogtle in Waynesboro, Georgia.  Westinghouse emerged from bankruptcy in 2018 and is now owned by Canadian uranium miner Cameco and Brookfield Asset Management. Westinghouse plans to build 10 large nuclear reactors in U.S., interim CEO tells Trump

Trump Secures Historic $1.4 Trillion Investment from UAE to Boost U.S. Economy by Mike Jenkin

In a major economic development, the United Arab Emirates (UAE) has announced a landmark $1.4 trillion, 10-year investment framework in the United States, following a high-level meeting with President Donald Trump this week at the White House. The announcement came after Trump hosted UAE National Security Advisor HH Sheikh Tahnoon bin Zayed in the Oval Office on Tuesday. The UAE’s commitment marks one of the largest foreign direct investment pledges in U.S. history and is expected to supercharge growth in key sectors such as artificial intelligence, energy, semiconductors, mining, and manufacturing. A consortium led by MGX (Abu Dhabi), BlackRock, Microsoft, and Global Infrastructure Partners (GIP) welcomed NVIDIA and Elon Musk’s xAI into a partnership aimed at building next-generation AI data centers and energy infrastructure to solidify U.S. leadership in artificial intelligence. The massive economic commitment highlights the deepening relationship between the Trump administration and the UAE. The announcement is expected to generate tens of thousands of U.S. jobs, accelerate construction of AI and energy hubs, and position the United States as a top destination for strategic investment in emerging sectors.  Trump Secures Historic $1.4 Trillion Investment From UAE To Boost U.S. Economy

The Genesis of the U.S. Space Force – On December 20, 2019, President Donald Trump signed the National Defense Authorization Act (NDAA) for Fiscal Year 2020, officially creating the United States Space Force, a new and independent branch of the U.S. military. The establishment of the Space Force marked a historic shift in how the U.S. views and manages its military operations in space, reflecting the growing importance of space as both a domain of strategic competition and national security. The Space Force is tasked with ensuring the U.S. maintains its superiority in space, focusing on both the defense of space assets and the development of offensive capabilities. Its mission includes:

  1. Space Operations: Overseeing space-based systems, such as satellites, that provide essential services to the U.S. military, including communication, reconnaissance, and missile defense.
  2. Space Security: Protecting U.S. space infrastructure from threats, including anti-satellite weapons, cyberattacks, and other potential forms of disruption by adversarial nations.
  3. Space Research and Development: Developing and deploying cutting-edge space technologies, including space-based defense systems, that ensure the U.S. maintains an edge in space exploration and military operations.
  4. Supporting National Defense: Integrating space capabilities into broader national defense strategies, ensuring that U.S. forces can operate effectively in space as part of a multi-domain approach to warfare.

The Space Force is designed to streamline and strengthen the U.S. military’s space operations, which were previously under the purview of the U.S. Air Force. By separating space operations into a distinct branch, the government hoped to increase focus on space as a critical area of national defense and enhance the U.S. military’s ability to respond to emerging threats. Source: Day in History