President Donald Trump announced at his State of The Union address on Tuesday that he reached a deal with technology giants to address increasing energy costs related to data centers.
Trump said “major tech companies” have agreed to pay for the energy that they consume to take pressure off local energy grids that have struggled with the increased demand of massive data centers necessary to build artificial intelligence.
“Many Americans are also concerned that energy demand from AI data centers could unfairly drive up their electric utility bills,” Trump, who did not disclose which companies agreed to this pledge, said in his speech.