Trump’s crusade against Big Tech’s energy spending highlights a problem with no easy answers
MarketWatch • • business
Key Points:
- Big Tech companies are investing heavily in building AI data-center infrastructure to compete in the artificial intelligence race.
- Microsoft, Meta, Google, and Amazon are leading the push to expand their AI data centers.
- These companies now face significant challenges, including public backlash over rising electricity costs.
- Increased federal intervention is expected as the government prioritizes energy affordability ahead of upcoming midterm elections.
- The combination of public pressure and regulatory scrutiny may lead to higher expenses for Big Tech in their AI infrastructure expansion.
