"Leaders from Google, Meta, Microsoft, Oracle, OpenAI, Amazon, and xAI met with President Donald Trump today to sign a "rate payer protection pledge." It's one way they're responding to growing bipartisan concerns about electricity rates rising as tech companies and the Trump administration rush to build out a new generation of AI data centers."
"The proclamation says that "these companies will build, bring, or buy the new generation resources and electricity needed to satisfy their energy demands, and pay for all new power delivery infrastructure upgrades to service their data centers.""
""[Tech companies] need some PR help because people think that if a data center goes in, their electricity prices are going to go up," Trump said during the event. "Some centers were rejected by communities for that and now I think it's going to be the opposite.""
Tech leaders from Google, Meta, Microsoft, Oracle, OpenAI, Amazon, and xAI signed a ratepayer protection pledge with President Trump to address bipartisan concerns about electricity costs rising due to AI data center expansion. The pledge commits these companies to building, acquiring, or purchasing new generation resources and electricity infrastructure needed to meet their energy demands, while covering all costs for power delivery infrastructure upgrades serving their facilities. This initiative responds to community resistance to data center projects driven by fears of increased electricity prices for residents. Trump emphasized the pledge aims to reverse negative public perception and enable faster data center deployment.
Read at The Verge
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