★ Must ReadTrump claims tech companies will sign deals next week to pay for their own power supply
Trump has announced that major tech companies (Amazon, Google, Meta, Microsoft, xAI, Oracle, and OpenAI) will sign a "rate payer protection pledge" at a March 4th event, committing to build or fund their own electricity generation for data centers rather than drawing from the grid. The pledge aims to address public concerns about rising electricity costs by shifting infrastructure burden to tech firms whose AI operations are driving unprecedented power demand. This arrangement could meaningfully reduce pressure on the grid and protect ratepayers from subsidizing private data center expansion, though the pledge's enforcement mechanisms and actual timeline for new generation capacity remain unclear.