US EditionTrump to announce electricity ‘rate payer protection pledges’ from Big Tech
Trump's new pledge requires tech firms to fund their own power plants to prevent higher local electricity costs amid rising demand for AI data centers.
- On Tuesday, President Donald Trump will announce `rate payer protection pledges` negotiated with top tech companies during the State of the Union at 9 p.m. Eastern Standard Time from the U.S. Capitol.
- The administration says the aim is to highlight affordability by framing the move around the economy ahead of November congressional elections, pairing working-family guests including Catherine Rayner of Norfolk, Virginia.
- Officials told The Wall Street Journal that the pledges require top tech companies to pay increased electricity costs in communities hosting new AI data centers.
- Key aides edited the speech over the weekend, with Scott Bessent, Secretary of the Treasury, central to shaping Trump's economic policy and messaging.
- Broad policy announcements will include tax cuts, lower drug prices and home-purchase measures, while White House press secretary Karoline Leavitt said the address will `celebrate 250 glorious years of our nation's independence and excellence, highlighting incredible stories of American heroes throughout the speech.
58 Articles
58 Articles
President Trump calls on data centers to build power plants
With so many data centers sucking up the supply of energy across the country, the cost of electricity in the United States is up more than 6 percent in a year. Last night, President Donald Trump called on tech companies to provide their own power.
Times of India
The Economic TimesTrump pushes big tech to use own power for AI data centers to keep bills low
President Trump is working with big tech companies like Amazon, Google, Meta, Microsoft, xAI, Oracle, and OpenAI to make them provide their own electricity for AI data centers. The plan aims to protect Americans from rising energy bills while supporting AI growth. Some critics say the pledges may not be enough, but the administration hopes this will lower electricity costs.
Lewiston Sun Journal
Trump says he can stop data centers from raising energy costs. What does it mean for Maine?
In his State of the Union, the president said he had negotiated a "new ratepayer protection pledge" with large tech companies.
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