The Electric: Fear of Trump's Wrath Kept Industry From Lobbying to Save AI Data Center Subsidies—Until Now

After sitting on the political sidelines for months, tech, utility and energy companies—panicked that the repeal of tax credits threatens the expansion of artificial intelligence data centers—have gone on a massive, late lobbying campaign to persuade Congress to preserve the subsidies.

But with President Donald Trump at the spearpoint of the repeal effort and few Republicans prepared to defy him, industry hands are not confident they can save the Biden-era subsidies. Last week, for instance, the conservative Freedom Caucus said it would fight any attempt to preserve them.