Bloomberg reports that President Trump will meet executives from Amazon, Meta, Microsoft, Alphabet, xAI, Oracle, and OpenAI on March 4 to sign nonbinding pledges committing their companies to cover electricity costs for AI data centers.
The initiative aims to prevent rising utility bills for consumers while supporting U.S. AI growth.
Critics argue the pledges are largely symbolic and call for expanded power generation and renewable energy investments to meet growing demand. Bloomberg writes:
President Donald Trump is convening technology executives at the White House next week to sign pledges committing their companies to foot the electricity bill for energy-hungry data centers.
Representatives of firms including Amazon.com Inc., Meta Platforms Inc., Microsoft Corp. and Google parent Alphabet Inc. are expected to attend a March 4 event with the president, a White House official said. Others on the invite list include Elon Musk’s xAI Corp., Oracle Corp. and OpenAI Inc. […]
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