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China is imposing a consumption tax on lithium-ion and solar batteries for the first time in over a decade, aiming to curb overcapacity and price wars, while exempting sodium batteries.
New York Governor Kathy Hochul has paused construction of large data centers, drawing criticism from Donald Trump who called it a 'terrible decision.'
The White House is preparing to ask electric utilities and state governors to pledge that AI data center expansion won't increase household electricity bills.
Congress is considering legislation that would require Big Tech companies to cover the energy costs of AI data centers, rather than passing those expenses on to households. The move comes as AI drives up electricity demand and costs.
Data center companies have pledged to invest in power generation projects as part of Trump's energy policy initiative, but experts question the economic viability and enforcement mechanisms of these commitments.
Seven tech giants including Google, Microsoft, and Meta have signed a pledge with former President Trump to protect against rising electricity costs around data centers. The move addresses growing bipartisan concerns over energy price surges as AI infrastructure expands.
Former President Donald Trump claimed tech companies will sign deals next week to fund their own power supply, sparking debate about energy policy and industry responsibility.
