Labor Department

Company

Last mentioned: Mar 5, 2026

Timeline

  1. Demand Milestone

    Target date for the projected tripling of U.S. energy demand driven by AI infrastructure.

  2. White House Summit

    Leaders from Google, Microsoft, Meta, and Oracle meet with Trump to formalize the energy deal.

  3. SOTU Announcement

    President Trump first mentions the 'ratepayer protection' pledge during the State of the Union.

Stories mentioning Labor Department 1

Policy Neutral

Trump Brokers 'Ratepayer Protection' Deal with Tech Giants for AI Power

President Trump met with leaders from Google, Microsoft, Meta, and Oracle to secure a pledge that they will develop their own power generation for AI data centers. The 'ratepayer protection' deal aims to shield consumers from rising electricity costs as AI energy demand is projected to triple by 2035.

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