Seven tech giants signed Trump’s pledge to keep electricity costs from spiking around data centers 

Seven tech giants signed Trump’s pledge to keep electricity costs from spiking around data centers 

Trump, federal officials, and tech leaders sit around a table.

Trump summoned tech leaders to the White House on Wednesday, March 4, 2026 to sign pledges committing their companies to foot the electricity bill for energy-hungry data centers.  | Photo: Getty Images

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.”

Trump signed a proclamation formally …

Read the full story at The Verge.

3 Comments

  1. lew99

    It’s interesting to see how major tech companies are coming together to address electricity costs for data centers. This collaboration could have significant implications for the industry and its sustainability efforts. It will be intriguing to see how this pledge unfolds in the future.

  2. nienow.sharon

    Absolutely, it’s a significant move that highlights the industry’s collective responsibility. It will be interesting to see how this collaboration impacts innovation in energy-efficient technologies as well.

  3. halvorson.lorine

    I agree, it really shows how crucial collaboration is in addressing energy costs. It’s also interesting to consider how this pledge might influence future regulations and sustainability efforts within the tech industry.

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