""They have no shortage of money," said Bloomberg Intelligence analyst Anurag Rana of the tech giants powering the global artificial intelligence race."
""We agree data centers should pay their own way," a Google spokesperson told Bloomberg. "For us, it is table stakes. When built responsibly, data centers can provide long-term, reliable demand that stimulates new investments in energy production and transmission in a way that helps all consumers.""
President Donald Trump calls for an emergency wholesale electricity auction to require technology companies to pay for power for massive AI data centers. Major tech companies including Amazon, Microsoft, Alphabet, Meta and OpenAI are already funding new generation and spending hundreds of billions on capital investments annually. Data center developers prefer buying electricity from power grids for lower rates, backup resources and supply stability during extreme weather. Hyperscalers are signing contracts to revive or build nuclear capacity. Data center power demand is projected to triple by 2035 and can stimulate broader energy investment and transmission.
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