The White House announced a proposal to ease power grid strain caused by rapidly expanding AI data centers, requiring tech companies to fund new power plants through long-term contracts. This policy signals rising capital expenditures and operating costs for hyperscalers, potentially affecting the long-term economics of AI cluster deployment.
- The plan intends to spur $15 billion in new power generation capacity.
- Tech companies are required to bankroll these new power plants through 15-year contracts.
- The proposal mandates that data centers must pay for the generation capacity they require.