US technology giants Amazon, Google, Meta, Microsoft, OpenAI, Oracle, and xAI have signed a pledge by the Trump administration to cover the power costs of their artificial intelligence data centers. The non-binding "Ratepayer Protection Pledge" was signed by representatives from the tech giants. The pledge promises that companies will not pass on costs to consumers and will pay for all new power infrastructure required for their data centers, regardless of their use. The companies also pledged to hire locally, offer skill development programs, and make backup generators available to the grid to prevent power shortages. The announcement was made by US President Donald Trump during his State of the Union address.