The White House wants AI companies to cover rate hikes. Most have already said they would. | TechCrunch

Key Takeaways

  • The proliferation of AI data centers plugging into the national electrical grid has helped increase consumer electricity prices, driving up the average national electricity price by more than 6% in the last year.
  • That’s not a good look for the incumbents ahead of this fall’s elections, and President Donald Trump addressed the challenge in his State of the Union speech last night.

The proliferation of AI data centers plugging into the national electrical grid has helped increase consumer electricity prices, driving up the average national electricity price by more than 6% in the last year. That’s not a good look for the incumbents ahead of this fall’s elections, and President Donald Trump addressed the challenge in his State of the Union speech last night. &#822.

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