Seven Tech Giants Sign Pledge to Keep Electricity Costs Low Around Data Centers

Leaders from major tech companies including Google, Meta, Microsoft, Oracle, OpenAI, Amazon, and xAI met with President Donald Trump on March 4, 2026, to sign a rate payer protection pledge aimed at addressing growing bipartisan concerns about rising electricity rates associated with the expansion of artificial intelligence data centers. The move is seen as an effort by tech giants to address public perception and alleviate fears that the construction of new data centers will lead to increased electricity costs for consumers.