Washington DC, Feb. 25 -- In a move aimed at balancing the rapid expansion of Artificial Intelligence infrastructure with consumer energy costs, President Donald Trump in his State of the Union Address, announced a new agreement with major technology companies to allow the construction of dedicated power plants for AI data centres.

Trump said the agreements are designed to prevent rising electricity demand from driving up utility bills for households and small businesses.

"Many Americans are also concerned that energy demand from AI data centres could unfairly drive up their electric utility bills. Tonight, I'm pleased to announce that I have negotiated the new rate payer protection pledge," he said

The President said the pledge would ...