Microsoft to Bear AI Data Center Costs Under Trump Plan as Power Demand Spikes
President Trump announced Microsoft will implement power cost reforms this week, making it the first tech company to address soaring electricity consumption from AI data centers. The move comes as US electricity prices have surged 40% over five years, with data centers projected to consume 11.7% of national power by 2030 according to McKinsey.
The administration's intervention signals growing regulatory scrutiny of energy-intensive tech operations. 'We're ensuring American families won't subsidize corporate power demands,' TRUMP stated on Truth Social, framing the issue as consumer protection against rising utility bills.
Microsoft's decision follows abandoned Wisconsin data center plans after local opposition over grid strain. The development may pressure other crypto-mining adjacent firms like Bit Digital (BTBT) and Core Scientific (CORZ) to reassess energy strategies as blockchain operations face similar scrutiny.