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Major tech companies back Trump pledge to pay more for data center electricity ahead of signing

Google, Microsoft, Meta, Amazon and others will sign Ratepayer Protection Pledge at White House

Tech giants have backed a pledge from President Donald Trump to pay more for electricity to run resource-hungry AI data centers ahead of its signing on Wednesday.

Google, Microsoft, Meta, Oracle, xAI, OpenAI and Amazon will join Trump at the White House to sign the Ratepayer Protection Pledge, an agreement to ensure expenses for the infrastructure and power delivery for the data centers are not passed on to the public, according to a White House official.

The pledge also commits these companies to hiring and training a workforce from within communities where data centers are built and operated, the official said.

U.S. Secretary of Energy Chris Wright said the pledge will help stop the rising electricity prices that started during the Biden administration, while also “ensuring the United States wins the AI race.”

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