Summary
President Trump plans to have major tech companies sign a pledge to generate or buy their own electricity for data centers, aiming to prevent consumers from paying extra for AI-related power needs. The announcement, expected next week, includes companies like Amazon, Google, Meta, Microsoft, and others. The initiative seeks to balance the growth of AI with stable electricity prices.
Key Facts
- Tech companies will meet with President Trump at the White House to sign an electricity pledge.
- The pledge requires companies to manage their own power needs for data centers.
- This initiative is a response to concerns about AI's impact on electricity rates.
- President Trump mentioned the pledge in his State of the Union address.
- Companies expected to participate include Amazon, Google, Meta, Microsoft, and others.
- Microsoft President Brad Smith supports the pledge, saying it helps prevent higher electricity prices.
- Energy Secretary Chris Wright emphasized that companies are cooperating with the pledge.
- Some critics argue that the initiative does not address the need for broader electricity grid reforms.
