President Trump announced a new “ratepayer protection pledge,” saying energy demand tied to AI data centers could more than triple by 2035, promising American households won’t see higher electricity bills as a result.
Yahoo Finance Senior Reporter Jennifer Schonberger joins Yahoo Finance host Josh Lipton to discuss the big tech companies under the agreement, Google (GOOG), Microsoft (MSFT), Oracle (ORCL), OpenAI (OPAI.PVT), Amazon (AMZN), and xAI, and their pledge to fully fund new power generation and infrastructure needed for their AI facilities.
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