Seven tech giants signed Trump’s pledge to keep electricity costs from spiking around data centers
Leaders from Google, Meta, Microsoft, Oracle, OpenAI, Amazon, and xAI met with President Donald Trump today to sign a “rate payer protection pledge.” It’s one way they’re responding to growing bipartisan concerns about electricity rates rising as tech companies and the Trump administration rush to build out a new generation of AI data centers.
“[Tech companies] need some PR help because people think that if a data center goes in, their electricity prices are going to go up,” Trump said during the event. “Some centers were rejected by communities for that and now I think it’s going to be the opposite.”
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