Trump meets tech giants to sign energy pledge ahead of midterms
US President Donald Trump meets with leaders of major technology companies on March 4, 2026, including Google, Meta META.O and OpenAI, to formalize a pledge aimed at protecting consumers from rising electricity costs tied to the rapid expansion of energy‑intensive data centers. Trump said the 'Ratepayer Protection Pledge,' announced by him in his State of the Union Address, would see tech firms commit to measures designed to ensure the boom in artificial intelligence infrastructure, which does not translate into higher utility bills for households and small businesses. Google, Microsoft, Meta, Oracle, xAI, OpenAI, and Amazon will sign the pledge, a White House official said. The initiative is being launched ahead of the November midterm elections, with voters increasingly concerned about energy affordability and the increased strain on the country's power grids from data centers. The pledges included a commitment by technology companies to bring or buy electricity supplies for their data centers, either from new power plants or existing plants with expanded output capacity.
UNRESTRICTED POOL VIA REUTERS
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