Tech firms summoned by Trump to sign power-cost pledge, Bloomberg reports

President Donald Trump is convening technology executives from companies including Amazon (AMZN), Meta (META), Microsoft (MSFT), Alphabet (GOOG) (GOOGL), Oracle (ORCL), OpenAI, and xAI, to sign pledges committing their companies to foot the electricity bill for energy-hungry data centers, Bloomberg’s Jennifer A Dlouhy and Hadriana Lowenkron report. The promises would not be binding and would lack the force of law, but administration officials believe they could bring accountability and offer assurance to consumers, according to the report, which adds that the initiative is part of Trump’s push to address mounting electricity prices before the November midterm elections, with data centers encountering a growing public backlash over their use of water, land, and backup power.

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