Big Tech Joins White House Energy Pledge as Iran Tensions Threaten Higher Costs

Big Tech Joins White House Energy Pledge as Iran Tensions Threaten Higher Costs

Amazon, Google, Meta, Microsoft, OpenAI, Oracle, and xAI agreed to fund electricity supply and grid upgrades as AI energy demands spike.

In brief
  • Seven major tech companies signed a White House pledge to pay for energy tied to AI data centers.
  • Companies agreed to build or buy a new electricity supply and fund grid upg… [+4752 chars]