Trump brings Big Tech executives to White House to curb power costs for American households amid AI boom

By Fox News · Fox News

President Donald Trump will host executives of major tech companies at the White House Wednesday afternoon to sign a pledge ensuring the tech giants protect Americans against higher electricity bills tied to data center power demand. Google, Microsoft, Meta, Oracle, xAI, OpenAI and Amazon are expected to sign the Ratepayer Protection Pledge Wednesday afternoon, Fox News Digital learned. The pledge will have the companies agreeing to "build, bring, or buy new generation resources and cover the cost of all power delivery infrastructure upgrades required for data centers," the White House said. The Trump administration has promoted the proliferation of artificial intelligence to keep the U.S. as the world's tech leader, which has included the creation of new data centers and mounting concern energy prices could increase for everyday Americans. The pledge works to combat these concerns and protect Americans against spiking electricity bills. SCOOP: TRUMP BRINGS BIG TECH TO WHITE HOUSE TO CURB POWER COSTS AMID AI BOOM The pledge will also have the companies vow against passing expenses to American households. It also commits companies to hiring and training talent from within communities where they build and operate data centers, which will create thousands of jobs and enhance workforce skills. " President Trump ’s ratepayer protection pledge will deliver more affordable, reliable, and secure energy for the American people and help stop the rising electricity prices that started during the previous administration," Energy Secretary Chris Wright said ahead of the event. "This plan will strengthen American energy dominance, while also ensuring the United States wins the AI race." Wright added: "We will continue partnering with technology leaders to strengthen America’s competitive edge, while keeping energy costs low for hardworking families." Michael Kratsios, assistant to the president and director of the White House Office of Science and Technology Policy said Trump "c…