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Trump Touts Billions in Investments to Create AI Hub in Pennsylvania

William Attardi on July 16, 2025

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

William Attardi on July 16, 2025

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

William Attardi on March 21, 2025

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

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