Trump Auctions Power to AI Vampires: Tech Bros Bid Billions to Fund Plants Before Servers Suck the Grid Dry

On January 15, 2026, sources revealed that President Trump and several state governors agreed to direct grid operator PJM to hold an auction for tech companies to fund new power plants, driven by increasing AI demand. This move aims to address the surge in energy requirements, with PJM serving over 65 million customers across 13 states. The auction will enable tech firms to invest in new power generation, ensuring a stable energy supply to support growing AI infrastructure, with details on the auction process expected to be announced in the coming weeks.