Blackstone Group has announced a $25 billion investment in Pennsylvania focused on the development of data centers and natural gas power plants. The announcement was made by Jonathan Gray, Blackstone's President and Chief Operating Officer, during the Energy and Innovation Summit in Pittsburgh. The investment aims to enhance Pennsylvania's digital and energy infrastructure over a 10-year period, supporting the growth of artificial intelligence in the U.S. The project is expected to create more than 6,000 construction jobs annually and over 3,000 permanent jobs at QTS data centers. Additionally, this initial investment is projected to attract an additional $60 billion in related investments.