U.S. President Donald Trump sits in the Oval Office to sign executive orders, at the White House in Washington, D.C., U.S., Dec. 18, 2025.
Evelyn Hockstein | Reuters
The major technology companies will meet President Donald Trump at the White House next week to sign a pledge to supply their own power for artificial intelligence data centers.
The companies attending the March 4 meeting include Amazon, Google, Meta, Microsoft, xAI, Oracle and OpenAI, a White House official confirmed.
“Under this bold initiative, these massive companies will build, bring, or buy their own power supply for new AI data centers, ensuring that Americans’ electricity bills will not increase as demand grows,” White House spokeswoman Taylor Rogers told CNBC.
Fox News first reported the development.
Trump said during his State of the Union address Tuesday that he had secured such a pledge from the tech sector, but did not provide detail on what the agreement entails.
“We’re telling the major tech companies that they have the obligation to provide for their own power needs,” the president said. “They can build their own power plants as part of their factory so that no one’s prices will go up.”
Data centers are facing political blowback in communities across the U.S. as people blame rising electricty prices on the facilities’ tremendous energy consumption.
This is a developing story. Please check back for udpates.
