US Rust Belt manufacturers face soaring electricity costs as AI data centers strain power grid
US manufacturers in Rust Belt cities are experiencing significantly higher electricity costs as growing energy demand from AI data centers strains the largest US power grid operator. This squeeze on profit margins for steelmakers and brick factories could undermine President Trump's 'Made in America' plan, while Trump simultaneously champions the tech companies behind the AI data center boom.
Entities
Related
Sam Altman in talks with Trump to give US government 5% stake in OpenAI
OpenAI CEO Sam Altman is reportedly in discussions with President Trump about granting the US government a 5% equity stake in OpenAI. The Financial Times reported the talks, which relate to Altman's earlier promise that Americans would share in the wealth created by AI.
White House releases National AI Policy Framework on 20 March 2026
On 20 March 2026, the White House released its National Policy Framework for Artificial Intelligence, accompanied by legislative recommendations. This framework represents the administration's next major step following President Trump's December 2025 executive order on AI.