Trump Administration Seeks Public Pledge From Tech Firms To Limit Data Center Strain On Utilities: Report - Amazon.com (NASDAQ:AMZN), ProShares S&P 500 Dynamic Buffer ETF (BATS:FB)

The Trump administration is reportedly pushing the tech giants to publicly commit to a draft compact aimed at ensuring the rapid expansion of energy-intensive data centers does not drive up household electricity costs, strain water resources, or undermine grid reliability. The broad components of the agreement, according to a POLITICO report on Tuesday, are:Power CostsThe compact requires AI data center developers to bear 100% cost of any new power generation their facilities need and to sign long-term elec ...