PITTSBURGH — A who’s who of U.S. and Gulf officials and some of the world’s leading tech and energy investors are en route to Pittsburgh ahead of Sen. Dave McCormick’s (R-PA) first-ever innovation summit on Tuesday, where he and President Donald Trump will announce $70 billion in investments aimed at turning Pennsylvania into a hub for artificial intelligence and new energy technologies.

More than 60 CEOs and scores of top energy and AI investors are slated to be at the freshman senator’s inaugural Pennsylvania Energy and Innovation Summit at Carnegie Mellon University, home to one of the world’s most advanced AI programs. Among the CEOs expected to appear are BlackRock’s Larry Fink, Palantir’s Alex Karp, Bridgewater’s Nir Bar Dea, Anthropic’s Dario Amodei, Amazon Web Services’ Matt Garman, Bechtel’s Brendan Bechtel, Chevron’s Mike Wirth, GIC’s Lim Chow Kiat, Brookfield’s Bruce Flatt, CPP Investments’ John Graham, EQT’s Toby Rice and ExxonMobil’s Darren Woods. (McCormick’s wife, Dina Powell McCormick, is on the ExxonMobil board of directors.)

Others on the guest list include Ruth Porat, Alphabet’s president and chief investment officer; Raj Agrawal, global head of real assets at KKR; and Khaldoon Khalifa Al Mubarak, managing director and group CEO of Mubadala Investment Company.

Gov. Josh Shapiro, a Democrat, and Sen. John Fetterman (D-PA) will both be in attendance, with Shapiro taking part in a midday panel discussion alongside McCormick titled, “Investing Big in Pennsylvania: A Case Study.” Several state legislators and members of Pennsylvania’s congressional delegation — including Rep. John Joyce (R-PA) of the House Energy Committee and GOP state Sen. Kim Ward, president pro tempore of the body — are also participating. 

At least seven senior Trump administration officials are expected in Pittsburgh for Tuesday’s gathering, including White House Chief of Staff Susie Wiles, Treasury Secretary Scott Bessent, Interior Secretary Doug Burgum, Commerce Secretary Howard Lutnick, Energy Secretary Chris Wright, EPA Administrator Lee Zeldin and White House AI and crypto czar David Sacks.

McCormick told Jewish Insider in March that organizing this summit was a focus of his early work in the Senate, which he said involved “thinking about big opportunities to change the trajectory of Pennsylvania.” He pointed to “the intersection of artificial intelligence and energy” and potential areas of growth in the state for the defense industry.

“We’ve got a huge opportunity in defense. The defense budget is going to increase. Pennsylvania has an enormous opportunity to be key to shipbuilding with our shipyard, robotics with Pittsburgh AI and manufacturing of weapons and ammunition,” he said at the time.

Another reason for the summit was to help make Pittsburgh and the Keystone State more competitive with neighboring states in what McCormick described to The Wall Street Journal this month as a “data-center arms race” that pits parts of Pennsylvania against Northern Virginia and areas of Ohio, including Columbus.

“We haven’t been competing adequately. For God’s sake, Columbus? What’s Ohio got on Pennsylvania?” McCormick asked, referencing Google’s announcement in June of a $2.3 billion in data centers based in Columbus and surrounding Lancaster and New Albany.