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Major tech companies including Google, Microsoft, Amazon, and Meta pledged at the White House to pay for new power generation and grid upgrades needed to support their rapidly expanding datacenters. The Guardian reports: The agreement is meant to help mitigate concerns that big tech's datacenters are driving up US electricity costs for homes and small businesses at a time the administration of Donald Trump is seeking to curb inflation. "This means that the tech companies and the datacenters will be able to get the electricity they need, all without driving up electricity costs for consumers," the president said at the pledge signing event. "This is a historic win for countless American families and we'll also make our electricity grid stronger and more resilient than ever before." The so-called "Ratepayer Protection Pledge" was first announced by Trump in his State of the Union address, and comes as communities and state legislators increase scrutiny of rapidly proliferating datacenters. Datacenters consume vast amounts of electricity to run server racks and cooling systems for the development of technologies such as artificial intelligence. "Some datacenters were rejected by communities for that, and now I think it's going to be just the opposite," Trump said, referencing cancelled or postponed projects in recent months across several states after local opposition. The pledge includes a commitment by technology companies to bring or buy electricity supplies for their datacenters, either from new power plants or existing plants with expanded output capacity. It also includes commitments from big tech to pay for upgrades to power delivery systems and to enter special electricity rate agreements with utilities. The effort is aimed at drawing support from towns and cities that otherwise oppose the projects, said the Trump official, who spoke on the condition of anonymity.

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