Chamath Palihapitiya Says Hyperscalers Like Microsoft, Google Need To Cushion Rising Power Bills Or 'See A Lot More Pushback'

Chamath Palihapitiya warned that Big Tech firms such as Microsoft Corp. (NASDAQ: MSFT) and Alphabet Inc. (NASDAQ: GOOG) (NASDAQ: GOOGL) could face growing backlash from local communities unless they act to offset rising electricity rates tied to massive AI data center expansion.

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