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.
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Source:富途快讯 · Source Link
Disclaimer: This content reflects only the author’s personal views and does not constitute any investment or financial advice. If you discover any content that violates regulations,Click to Report
24H Trending
-
1
Anthropic's S-1 filing to disclose over 10% possibility of AI product causing human extinction
-
2
Meta CEO Mark Zuckerberg and Nvidia CEO Jensen Huang Push Back Against Calls for AI Slowdown, Citing Strong Natural Incentives for Safe Development
-
3
Former Infosys CEO's AI startup Hang Ten Systems nabs another $53M, bringing total funding to $85M
-
4
Experts at Fashion Tech Show suggest AI and automation are key to overcoming onshoring challenges
-
5
US Retail Sales Rise 1.2% in August, Beating Estimates After July Drop
-
6
UNI Price Dynamics: Breaking Key Resistance, Can $8 Be the Next Target?
-
7
SoftBank Group's record $6.45 billion retail bond sale on Thursday will boost its share of Japan's corporate retail bond market to nearly 50%
-
8
Yahoo Finance Analysis: SpaceX's AI cloud leasing business is growing rapidly, potentially boosting its valuation from $2 trillion to $3 trillion.
-
9
Nvidia and SK Hynix's comments suggest strong outlook for Micron Technology
-
10
Ethereum founder Vitalik Buterin tweeted a comment on the ancient Chinese philosopher Mozi, calling his thought "proto d/acc."
Markets Today
Recommended Reading



