U.S. President Donald Trump delivers the State of the Union address during a joint session of Congress in the House Chamber at the Capitol on February 24, 2026 in Washington, DC. (Kenny Holston-Pool/Getty Images)
Companies participating in the March 4 event will include Amazon, Google, Meta, Microsoft, xAI, Oracle and OpenAI. Trump, Secretary of Energy Chris Wright and assistant to the president and director of the White House Office of Science and Technology Policy Michael Kratsios are leading the effort, Fox Digital learned.
The event follows Trump's announcement during his State of the Union speech Tuesday that the companies would produce their own energy for the data centers.
The Trump administration has promoted the proliferation of artificial intelligence to keep the U.S. as the world's tech leader, which has included the creation of new data centers and mounting concern energy prices could increase for everyday Americans as the centers open up shop.
U.S. science and technology official Michael Kratsios addresses attendees at the APEC CEO Summit in Gyeongju, South Korea, on Oct. 29, 2025. (SeongJoon Cho/Bloomberg via Getty Images)
A White House official told Fox Digital that the president and administration have been working on the initiative for a while, including Trump posting about the issue on Truth Social in January.
The companies will agree to protect Americans from price hikes and lower electricity prices in the long term, Fox Digital learned.
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The event is expected to focus on cost-of-living concerns for Americans, with Trump underscoring the importance of America's tech leadership and future to expand AI and how it bolsters U.S. jobs, while ensuring Americans are protected from energy price increases.
https://www.foxnews.com/politics/scoop-trump-brings-big-tech-white-house-curb-power-costs-amid-ai-boom