President Donald Trump announced the Ratepayer Protection Pledge, requiring major tech companies to pay for the electricity used by their artificial intelligence data centers.
Companies including Google, Microsoft, Meta, Oracle, xAI, OpenAI and Amazon agreed to build or purchase new power generation to support their expanding AI data centers.
The companies will negotiate special power rates with utilities and cover electricity and infrastructure costs for their facilities, ensuring these expenses are not passed on to consumers.
Tech firms also pledged to help strengthen the U.S. power grid by coordinating backup power resources during emergencies and preventing blackouts.
The agreement aims to address rising electricity demand from AI and cloud computing while creating thousands of local jobs and supporting affordable energy for American households.
President Donald Trump announced on Wednesday, March 4, that several of the world’s largest technology companies have agreed to a new pledge requiring them to pay for the electricity used by their artificial intelligence data centers.
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