Power Data

• Major companies—Amazon, Google, Meta, Microsoft, Oracle, OpenAI, and xAI—signed a federal pledge to provide their own electricity for AI data centers, shielding U.S. consumers from grid overload. • The commitment responds to exploding energy needs from AI infrastructure, following Meta's Louisiana gas plant initiative and similar efforts nationwide. • Industry leaders aim to prevent rate hikes and blackouts while fueling the AI boom central to U.S. tech competitiveness.

• Baker Hughes announced a collaboration with Google Cloud on March 24, 2026, to develop AI-enabled power optimization and sustainability solutions for data centers. • The Houston-based initiative targets efficiency in high-demand AI computing environments using advanced cloud technology. • This partnership addresses growing energy challenges in U.S. data centers powering AI workloads.

• The United States hosts nearly 5,500 data centers and accounts for three-quarters of the world's computing power as of May 2025, providing a substantial advantage over China in the global AI race according to EpochAI research. • America's semiconductor superiority remains the primary AI advantage, with Nvidia chips significantly outperforming China's most powerful Huawei-produced chips in both processing power and bandwidth memory, and the performance gap will increase substantially in coming years. • ByteDance plans to invest $23 billion this year on AI infrastructure including chips, while US companies are coordinating with the White House to secure additional grid capacity for data centers to prevent consumer price hikes.

• The Trump administration has granted Silicon Valley-based nuclear companies expedited pathways to test experimental reactor designs, with the DOE creating a new program and assigning concierge teams to help companies navigate bureaucracy. • About a dozen advanced reactor companies are currently planning to participate, with the administration targeting some reactors to achieve "critical" status—a key milestone toward functioning power plants—by July 2026. • The DOE quietly overhauled safety rules for new reactors and shared the revised regulations with companies before making them public, addressing long-standing complaints that companies lack opportunities to experiment.

• AI is expected to drive data center power consumption up 175% by 2030, creating unprecedented grid shortages that have pushed electricity prices higher across the country and compelled tech companies to seek alternative power sources. • Google's deal to power a new Minnesota data center blends wind and solar with a 30 gigawatt-hour battery from Form Energy, while the U.S. is expected to have nearly 65 gigawatts of battery storage capacity by year-end. • Dozens of startups including Amperesand, DG Matrix, Heron Power, Camus, GridBeyond, and Texture are developing power conversion and grid management technologies to address the critical energy shortage.