U.S. President Donald Trump met with leaders of major technology companies on Wednesday, including Google, Meta and OpenAI.
A White House official said that Google, Microsoft, Meta, Oracle, xAI, OpenAI and Amazon will sign the pledge. The meeting was scheduled to formalize a pledge aimed at protecting consumers from rising electricity costs tied to the rapid expansion of energy-intensive data centers.
The initiative is being launched ahead of the November midterm elections, with voters increasingly concerned about energy affordability and the increased strain on the country's power grids.
The pledges include a commitment by technology companies to bring or buy electricity supplies for their data centers, either from new power plants or existing plants with expanded output capacity.