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Blackstone will make the investment in northeast Pennsylvania, president and COO Jon Gray said Tuesday at the Energy and Innovation Summit in Pittsburgh. Gray said "the special sauce" in the Blackstone investment will be "the idea that you can colocate the data centers directly next to the source of power."
"We have to drill, baby, drill, and we have to build, baby, build," David Sacks, President Trump's AI and crypto czar, said at the summit. "We have to keep building new power."
https://www.axios.com/2025/07/15/blackstone-ai-data-centers-energy-pennsylvania?stream=top
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