Stock Markets February 25, 2026

White House to Convene Major AI and Data Center Firms on Consumer Power Costs

Administration seeks formal pledges from tech companies to limit impact of growing data center electricity demand on household bills

By Jordan Park MSFT
White House to Convene Major AI and Data Center Firms on Consumer Power Costs
MSFT

The White House is arranging a meeting with leading data center and artificial intelligence companies, including Microsoft, Anthropic and Meta Platforms, in early March to formalize commitments aimed at preventing rising electricity costs for consumers. The gathering is meant to advance an initiative announced by President Donald Trump during his State of the Union address, where he urged major tech firms to build their own power plants to support expanding AI infrastructure.

Key Points

  • White House will host leading data center and AI companies in early March to formalize commitments intended to prevent higher electricity costs for consumers.
  • The meeting is intended to advance a State of the Union initiative in which President Trump said major tech firms should build their own power plants to support expanding AI infrastructure.
  • Microsoft has previously offered commitments to invest in new electricity generation and efficiency measures; company comment confirmed appreciation for Administration efforts but did not confirm attendance.

The White House is planning to bring together prominent data center and artificial intelligence companies in early March to formalize a set of commitments intended to shield consumers from higher electricity costs, according to two sources familiar with the plans. Companies expected to be involved include Microsoft, Anthropic and Meta Platforms.

The meeting is designed to advance an initiative President Donald Trump outlined during his State of the Union address. In that speech he said he had told major technology firms they must build their own power plants to operate the rapidly expanding fleet of data centers and other infrastructure tied to artificial intelligence.

Sources familiar with the discussions said the pledge under consideration is likely to mirror commitments Microsoft offered earlier this year to invest in new electricity generation and in measures to improve energy efficiency.

Commenting on the broader initiative, Brad Smith, Microsoft’s Vice Chair and President, said: "We appreciate the Administration’s work to ensure that data centers don’t contribute to higher electricity prices for consumers." Microsoft did not indicate whether it would attend the meeting next week or whether it would sign any new pledge.

The White House did not immediately respond to requests for comment. A spokesperson for Meta declined to comment, and Anthropic did not immediately respond to a request for comment.

Securing the large amounts of electricity required to run artificial intelligence systems has been emphasized by Trump as a central component of his second-term agenda. That focus has taken on added political sensitivity ahead of the midterm elections as growth in energy demand from data centers contributes to higher power bills across a wide swath of the country.

The recent surge in large data center projects - projects proponents say are necessary to support the expansion of AI technologies - has prompted increasing protests at the local and state levels. Residents and officials have raised concerns that the developments could lead to rising electricity bills and increased pollution tied to new power generation or other associated infrastructure.

Officials and company representatives are weighing voluntary industry commitments as one approach to address those concerns, while local opposition and the political environment continue to shape discussions about how the expansion of data center capacity should proceed.

Risks

  • Political sensitivity ahead of midterm elections as increased energy demand from data centers contributes to higher power bills - impacts energy, utilities and technology sectors.
  • Local and state protests against large data center projects could delay or alter deployments, affecting data center developers and regional power planning - impacts real estate, construction and utilities sectors.
  • Unclear participation or commitment from individual companies could limit the effectiveness of any voluntary pledge and leave consumer electricity cost concerns unresolved - impacts consumers and regulators.

More from Stock Markets

Samsung debuts Galaxy S26 lineup, raises prices in key markets as memory costs climb Feb 25, 2026 Ciena Unveils Vesta 200 6.4T CPX; Stock Jumps on New Co-Packaged Optics Offering Feb 25, 2026 Netskope Shares Jump After FBN Securities Starts Coverage With Outperform Feb 25, 2026 Google to trial search-result changes in Europe aimed at boosting rivals ahead of possible EU fine Feb 25, 2026 Crexendo Shares Rise After Deal to Tap AppDirect’s Reseller Network Feb 25, 2026