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US tech firms pledge at White House to bear costs of energy for datacenters

WASHINGTON, DC - MARCH 04: U.S. President Donald Trump holds up the Ratepayer Protection Pledge after signing it during a roundtable meeting in the Indian Treaty Room at the White House on March 04, 2026 in Washington, DC. The pledge is a policy designed to shift rising energy costs from artificial intelligence data centers away from consumers. (Photo by Win McNamee/Getty Images)

The Guardian

By Reuters

Wed 4 Mar 2026 18.40 EST

Google, Microsoft, Meta, Amazon and several artificial intelligence companies signed a pledge at the White House on Wednesday to bear the cost of new electricity generation to power their datacenters.

The agreement is meant to help mitigate concerns that big tech’s datacenters are driving up US electricity costs for homes and small businesses at a time the administration of Donald Trump is seeking to curb inflation.

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