President Donald Trump said in a social media post on Monday that Microsoft
will announce changes to ensure that Americans won’t see rising utility bills as the company builds more data centers to meet rising artificial intelligence demand.
“I never want Americans to pay higher Electricity bills because of Data Centers,” Trump wrote on Truth Social. “Therefore, my Administration is working with major American Technology Companies to secure their commitment to the American People, and we will have much to announce in the coming weeks.”
Ahead of this year’s midterm elections, President Trump is trying to find ways to lower prices for consumers, as the effects of tariffs he imposed last year on goods imported to the U.S. ripple across the economy. In December, Trump announced a $1,776 “warrior dividend” for U.S soldiers. Earlier this month he demanded the purchase of $200 billion in mortgage bonds with the hope of reducing mortgage rates.
Meanwhile, the biggest tech companies are rapidly constructing power-hungry data centers and telling Wall Street that they’ll be bolstering their capital expenditures as the AI boom continues. Last week Meta announced agreements with three nuclear power companies for a data center in Ohio.
