"Trump and Microsoft's president jointly announced that the tech giant would pay more for its datacenters, paying full property taxes and accepting neither tax reductions nor electricity rate discounts in towns where it operates datacenters. We are the HOTTEST' Country in the World, and Number One in AI. Data Centers are key to that boom, and keeping Americans FREE and SECURE but, the big Technology Companies who build them must pay their own way.' Trump wrote on Truth Social. Thank you, and congratulations to Microsoft."
"On 16 January, Trump and governors of states in the north-east US directed the country's largest power grid operator to hold an emergency reliability power auction by September, per Bloomberg. The move could force tech giants to pay for the construction of new power plants by requiring them to bid on the future reliability of the electricity they plan to draw from the grid."
"OpenAI followed Microsoft's lead with an announcement on 20 January. The company committed to paying our own way on energy, so that our operations don't increase your electricity prices. The company is part of the Stargate collaboration between the AI industry and the Trump administration to invest $500bn in AI infrastructure. Trump is tugging at the edges of the problem of rapidly rising electricity demand. He promised Americans he'd slash their electricity bills by half."
Donald Trump is targeting datacenters to limit their impact on already high US electricity prices and potential voter resentment. He secured a pledge from Microsoft to pay full property taxes and accept no electricity discounts in towns with datacenters. He directed a major grid operator to run a reliability auction that could require tech companies to bid on and fund future power capacity. OpenAI made a similar energy-cost commitment and joined a $500bn AI infrastructure initiative. Rapidly rising electricity demand challenges the feasibility of Trump’s promise to halve household electricity bills.
Read at www.theguardian.com
Unable to calculate read time
Collection
[
|
...
]