Trump wants Big Tech to pay for new power plants
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Hyperscalers are getting involved in earlier stages of power development.
The U.S. President says that his team will work with various AI tech companies, starting with Microsoft, to ensure that their power demands will stop affecting the power prices that ordinary Americans pay for.
Five of the Magnificent 7 underperformed the S&P 500 in 2025, ending a three-year bull market dominated by Big Tech. Investors are shifting focus from AI promises to actual returns on investment, upending a market long dominated by the tech giants.
In a landmark deal, Google-parent Alphabet last month agreed to buy renewable energy developer Intersect Power for $4.75 billion, plus the ass
Last January, Meta CEO Mark Zuckerberg said he was eager to have an ally in the White House to go after foreign regulations “pushing” American tech firms “to censor more” content.
US tensions, a new report has accused Big Tech of courting far-right MEPs to weaken the EU's regulatory power on AI and data.
More governments are rolling out chatbots in schools. Some experts warn the tools could erode teaching and learning.
President Donald Trump and the governors of several US Northeastern states agreed to push for an emergency wholesale electricity auction that would compel technology companies to effectively fund new power plants.
President Donald Trump and US Northeast governors will direct the nation’s largest grid operator to hold an emergency power auction putting technology giants on the hook to pay for the construction of a fleet of new plants,