NEWSNATIONNOW (Alicia Nieves) - Extreme heat wave strains power grids
The extreme heat is expected to last through the Fourth of July holiday weekend.
The extreme heat is expected to last through the Fourth of July holiday weekend.
More than 160 million people are under extreme heat warnings or heat advisories ahead of the Fourth of July weekend.
Mayor Zohran Mamdani signed an executive order that aims to protect workers who must toil outside. Temperatures this week could exceed 100 degrees.
A heat wave responsible for shattering numerous temperature records in Western Europe continued its shift east.
123net Will the AI boom crash against the cliffs of physical reality, or does free-market capitalism still hold undiscovered paths to reduce or bypass scarcity in copper, power grids, transformers, and semiconductors?
Top AI executives, in response to a backlash against high utility bills, pledged to cover the energy costs created by data centers at an event with the president.
President Trump and tech CEOs expressed confidence Wednesday that they can contain soaring electricity rates with a new data center pledge that formalizes and expands on what companies already are doing. Why it matters: With rising power bills turning AI and data centers into an election-year issue, Trump — who campaigned on a promise to cut costs — is eager to show he's trying to protect consumers. - Skeptical Democrats and some energy observers, however, say that far more than voluntary pledges are needed. Driving the news: Microsoft, Amazon, Google, Meta, Oracle, xAI and OpenAI signed the pledge during an event with Trump, who mentioned the initiative during last week's State of the Union address. - The agreement calls for the…
Watch live as President Trump is joined by tech CEOs who will sign a “Ratepayer Protection Pledge” asking them to agree to build or buy new generation resources to cover the cost of AI data centers, ensuring expenses aren’t passed to American households. MORE: https://www.newsnationnow.com/business/tech/ai/trump-tech-leaders-ratepayer-protection-pledge/
Electricity rates are rising, and giant data centers are an easy culprit to blame. Trump’s Rate Payer Protection Pledge may be aimed more at mitigating what could be a major impediment to his A.I. goals than changing how the facilities get their electricity, and the effects on rates.
Tech giants are expected to join President Trump at the White House next week to sign a pledge that they will build or buy their own electricity supplies for data centers. Why it matters: It's the Trump administration's latest response to election-year voter angst over data centers' AI-driven electricity demands and their potential effects on rates. - A number of the biggest tech companies have already made pledges that they say will prevent consumers from getting stuck with the energy bills for the AI buildout. Driving the news: Trump said during Tuesday night's State of the Union address that he negotiated a "ratepayer protection pledge" with tech companies. - He said that the companies will "have the obligation to provide for their…