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Trump Announces Upcoming Tech Company Energy Deals

AI-curated by Q²N · Updated February 26, 2026

During his State of the Union speech, President Donald Trump addressed rising electricity costs and announced that major tech companies are expected to sign a 'rate payer protection pledge' next week. This pledge would involve these companies, including Amazon, Google, Meta, Microsoft, xAI, Oracle, and OpenAI, either building or financing new electricity generation for their data centers. The signing event is scheduled for March 4th, but details about the pledge and its implications remain limited. The initiative aims to alleviate concerns regarding energy costs for both companies and consumers.

  • Trump addressed electricity cost concerns during the State of the Union.
  • Major tech companies are expected to sign a pledge next week.
  • The pledge involves building or financing new electricity generation.
  • Companies attending include Amazon, Google, and Microsoft.
  • Details about the pledge remain limited as of now.
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