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Electricity bills are too high Donald Trump: He will announce in the State of the Nation Address that tech companies will foot the bill for AI-powered energy
According to Politico, U.S. President Donald Trump is set to announce during his State of the Union address on Tuesday evening local time that his administration has reached an agreement with several major tech companies to have them shoulder a larger share of the energy costs associated with data centers.This announcement comes as infrastructure built for artificial intelligence may further strain the power grid and drive up electricity prices, a topic that has become an increasingly prominent issue ahead of the midterm elections. A White House official confirmed ahead of the "Donald Trump" address that these new "taxpayer protection commitments" represent one of the administration’s boldest moves to date in the fields of artificial intelligence and energy.Data centers consume vast amounts of energy and, in some cases, water. A White House official confirmed that these unnamed companies have committed to “paying out of pocket” to prevent consumer electricity bills from skyrocketing.
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