By TOI Tech Desk
Publication Date: 2026-03-05 13:18:00
US President Donald Trump on Wednesday gathered executives from Google, Microsoft, Amazon, Meta, OpenAI, Oracle and xAI at the White House to sign a “Ratepayer Protection Pledge”—a voluntary commitment that these companies will foot the bill for the massive electricity demands of their AI data centres, rather than passing those costs onto American households.“They need some PR help because people think that if a data centre goes in there, electricity prices are going to go up,” Trump said at the event. “It’s not going to happen. And for the areas where it did happen,…