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EXCLUSIVE: Google, Microsoft ‘Fail to Sway’ Democrats With AI Power Pledge

Summary

As Democrats prepare to take control of Congress, major technology firms face increasing regulatory risks regarding artificial intelligence infrastructure. Although Google and Microsoft have both made commitments to fund the power and infrastructure expenses connected to their operations, these pledges have not successfully appeased lawmakers.

With Democrats preparing to take control of Congress, the growing dispute over who pays for AI infrastructure could pose another regulatory risk for Big Tech companies, including Alphabet Inc.‘s (NASDAQ) (NASDAQ) Google and Microsoft Corp. (NASDAQ). Google pledged to cover infrastructure costs directly resulting from its expansion, while Microsoft promised to fund the power infrastructure needed to serve its facilities.…

Source: Read the full story at Top Stories Feed

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