Trump says deal on data centers will lower electricity prices as tech companies vow to cover costs

By , Special to The Daily Memphian; , Daily Memphian Updated: March 04, 2026 7:11 PM CT | Published: March 04, 2026 7:11 PM CT

The president of SpaceX, which just merged with xAI, made a series of pledges about xAI’s plans for Memphis and North Mississippi.

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Artificial Intelligence Data center Donald Trump
Samuel Hardiman

Samuel Hardiman

Samuel Hardiman is an enterprise reporter who focuses on government and politics. He began his career at the Tulsa World where he covered business and K-12 education. Hardiman came to Memphis in 2018 to join the Memphis Business Journal, covering government and economic development. He then served as the Commercial Appeal’s city hall reporter and later joined The Daily Memphian in 2023. His current work focuses on the intersection of government, public policy, influence and how public dollars are spent.


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