US Edition
Trump to announce electricity ‘rate payer protection pledges’ from Big Tech
Trump secured agreements with major tech firms to cover rising electricity costs from AI data centers, aiming to protect local ratepayers amid surging utility bills nationwide.
- 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.
21 Articles
21 Articles
'They can build their own': Trump deals blow to tech companies hoping to tap into the power grid
The president told Americans that their electricity prices will drop if they live near Big Tech data centers.During his State of the Union address, President Trump spoke on the electrical bills of Americans who live near hubs where tech companies are quickly building AI infrastructure that require massive amounts of energy.'They're going to produce their own electricity.'Over the last two years, companies like Amazon, Apple, and Meta have all an…
Trump tells tech giants to power their own AI ambitions
TrumpKenny Holston-Pool/Getty ImagesPresident Donald Trump said he's told top tech companies they must pay more for electricity near data centers.Trump made the announcement during the State of the Union. He did not name the companies.Big Tech's data center push is driving up US electricity demand and costs.President Donald Trump said Tuesday that top tech companies have to cover their own power needs when they are building data centers."We're t…
Trump Puts Pressure on Tech Companies to Pick Up the Tab for Data Center Energy
Alex Brandon/APPresident Donald Trump announced at his State of The Union address on Tuesday that he reached a deal with technology giants to address increasing energy costs related to data centers.Trump said “major tech companies” have agreed to pay for the energy that they consume to take pressure off local energy grids that have struggled with the increased demand of massive data centers necessary to build artificial intelligence.“Many Americ…
Trump in His State of the Union Address Announces Data Centres Energy Deal
Get latest articles and stories on World at LatestLY. Speaking from the White House, Trump said the agreements are designed to prevent rising electricity demand from driving up utility bills for households and small businesses. World News | Trump in His State of the Union Address Announces Data Centres Energy Deal.
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