Trump claims he’ll make data centers pay for their own power supply
Summary
During his State of the Union address, President Trump addressed rising electricity costs, announcing a rate payer protection pledge with major tech firms. Leaders from Amazon, Google, and others are set to sign the pledge on March 4th, as reported by Fox News.
Key Insights
What is the Rate Payer Protection Pledge announced by President Trump?
The Rate Payer Protection Pledge is a commitment by major tech companies to build, bring, or buy their own power supply for new AI data centers, ensuring that consumers' electricity bills do not increase due to the high energy demands of these facilities.[1][2][3]
Which tech companies are involved in the pledge, and when will they sign it?
Companies including Amazon, Google, Meta, Microsoft, xAI, Oracle, and OpenAI are set to sign the pledge at the White House in March, following Trump's announcement during his State of the Union address.[2][3]