Trump signs agreement with Big Tech to cover data center electricity costs

The Hill
by Rachel Frazin
March 4, 2026
Trump signs agreement with Big Tech to cover data center electricity costs
President Trump and major tech firms announced an agreement Wednesday to have Big Tech companies cover the cost of the electricity they consume as development of artificial intelligence shows no signs of stopping.   Google, Microsoft, Meta, Oracle, xAI, OpenAI, and Amazon have agreed to sign onto the “Ratepayer Protection Pledge,” the White House said Wednesday,…
Verticals
politicsnews
Originally published on The Hill on 3/4/2026
Trump signs agreement with Big Tech to cover data center electricity costs