The White House wants AI companies to cover rate hikes. Most have already said they would. | TechCrunch
Briefly

The White House wants AI companies to cover rate hikes. Most have already said they would. | TechCrunch
"We're telling the major tech companies that they have the obligation to provide for their own power needs. They can build their own power plants as part of their factory, so that no one's prices will go up."
"Microsoft announced its policy to ensure that the electricity cost of serving our datacenters is not passed on to residential customers. January 26, OpenAI committed to paying its own way on energy, so that our operations don't increase your energy prices."
"A handshake agreement with Big Tech over data center costs isn't good enough. Americans need a guarantee that energy prices won't soar and communities have a say."
AI data center expansion has driven national electricity prices up by more than 6% annually, creating political pressure ahead of elections. President Trump addressed this in his State of the Union, calling on major tech companies to build their own power plants. Microsoft, OpenAI, Anthropic, and Google have responded with public commitments to cover electricity costs through independent power sources, higher rates, or both. However, the practical implementation of these pledges remains unclear, with questions about how responsibility for price increases will be determined. Critics argue that voluntary commitments lack sufficient oversight and that communities need formal guarantees and input.
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