Trump announces data center energy deals with tech companies in State of Union address

US President Donald Trump has announced during his State of the Union address that his administration has instructed major technology companies to construct their own power plants for data centers to mitigate rising electricity costs for consumers – “Many Americans are also concerned that energy demand from AI data centers could unfairly drive up their electric utility bills. Tonight, I’m pleased to announce that I have negotiated the new Ratepayer Protection Pledge. You know what that is. We’re telling the major tech companies that they have the obligation to provide for their own power needs.” President Trump stated that the White House plans to formalize this effort with the companies in early March 2026. The announcement comes amid concerns regarding the impact of AI data centers on energy prices, which could pose challenges for Republicans ahead of the upcoming midterm elections.

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