Tech Giants To Sign Power Supply Deals Next Week, Trump Says

President Donald Trump announced that major tech companies will sign deals next week to secure their own power supply, claiming a “rate payer protection pledge” that will have them build out or pay for new electricity generation for their data centers. The pledge is expected to be signed by leaders from Amazon, Google, Meta, Microsoft, xAI, Oracle and OpenAI on March 4th, according to Fox News. While the details of the agreement are scarce, Trump’s statement aims to alleviate concerns about rising electricity costs in the tech industry.