Microsoft Plans to Cover Electricity Costs for New Data Centers
Microsoft announced plans to cover electricity costs for new data centers to prevent local price increases, addressing concerns over rising energy demands from AI infrastructure. The company will also invest in local infrastructure and job training while forgoing property tax reductions. This initiative follows recent discussions about collaboration between Big Tech and government officials regarding electricity costs.
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Microsoft will pay higher electricity bills in areas where it builds data centers to prevent local electricity prices from rising. The company aims to address concerns regarding increased energy demand from AI infrastructure.
Data centers have led to electricity cost increases of up to 267% in nearby areas. Microsoft will also cover costs for grid updates and invest in local infrastructure such as water systems and schools.
The announcement follows President Trump's comments about collaboration with Big Tech on electricity costs. Microsoft will not seek property tax reductions and plans to provide job training and AI skills education.
Governor DeSantis expressed concerns about the impact of data centers on consumers and proposed public hearings for new projects. The Data Center Coalition emphasized the economic benefits of data centers, while environmental groups criticized the industry for its resource consumption.
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