White House seeks voluntary AI data-center pact to blunt rising power bills

The White House is circulating a draft voluntary compact with major AI data-center developers to curb energy, water and grid impacts from rapid AI infrastructure growth, requiring funding for new power generation and transmission, long-term electricity contracts, and regulatory cooperation to prevent higher household electricity prices; the pact is not final and participants are unclear, but it follows similar commitments from Microsoft and others as the administration seeks to shape data-center expansion without new regulation ahead of the midterms.