"We're telling the major tech companies that they have the obligation to provide for their own power needs and can build their own power plants so no one's prices will go up. Under this bold initiative, these massive companies will build, bring, or buy their own power supply for new AI data centers, ensuring that Americans' electricity bills will not increase as demand grows."
"President Trump is committed to ensuring American AI dominance while simultaneously lowering costs for working families. We want to see data centers developed, we want to see them rapidly sited, we want to see communities welcoming them, but to do that, it's necessary to have up-front investments in the additional grid infrastructure."
President Trump is hosting technology executives on March 4 to formalize a "Ratepayer Protection Pledge" designed to prevent AI data center expansion from raising electricity costs for American consumers. The initiative requires major tech companies to generate, secure, or build their own power supply for new AI data centers rather than relying on the existing electrical grid. This policy balances the Trump administration's commitment to American AI dominance and competition with China against rising energy prices affecting households. The pledge represents a negotiated agreement announced during the State of the Union address, positioning the administration as protecting working families while enabling rapid data center development and technological advancement.
Read at TechRepublic
Unable to calculate read time
Collection
[
|
...
]