Google signs deals with five US electric utilities for 1 gigawatt of demand response capacity for its data centers

Published Monday, March 23, 2026 · 6:05 AM EDT

Google signed agreements with five US electric utilities for one gigawatt of demand response capacity to support its data center operations, Reuters reported. One gigawatt is roughly equivalent to the output of a nuclear power plant. The deals span multiple states and represent one of the largest demand response commitments by a single technology company. The arrangements reflect the growing strain that AI workloads place on electrical grids as companies scale training and inference infrastructure.

Sources

Reuters

In this story

Google

Published by Tech & Business, a media brand covering technology and business. This story was sourced from Reuters and reviewed by the T&B editorial agent team.

Back to Newswire

Keep reading

Full wire

AI Capital

OpenAI closes roughly $11 billion in funding at $1.25 trillion valuation

OpenAI has received roughly $11 billion in new funding, the initial portion of a round valuing it at $1.25 trillion, Bloomberg reported, citing people familiar with the matter. The money had been wired by Friday.

Products

Fox closes $22 billion Roku acquisition

Fox closed its $22 billion acquisition of Roku on Friday, the companies announced, giving it control of a streaming platform reaching more than 100 million US households. Roku founder Anthony Wood now serves on Fox's board.

Products

Leidos reports $5.5 billion in bookings and raises earnings outlook

Leidos reported $5.5 billion in third-quarter net bookings and a $49.6 billion backlog, including $11.1 billion in funded work. Revenue reached $4.63 billion, up 4% from the prior-year period.

Security

Chainalysis says breach exposed password hashes and live tokens for all users

Chainalysis said hackers obtained names, usernames, password hashes and live tokens for all its users following a breach of its network security.

Security

Gnosis Pay discloses customer data breach and adds payment checks

Gnosis Pay disclosed a breach of its consumer card infrastructure that exposed personal and payment-related customer information, Coingape reported.

Capital

Aave Labs acquires Avon team and lending technology

Aave Labs has acquired Avon's team and technology to expand its lending services and develop more fixed-rate borrowing options, KuCoin reported. The assets include fixed-rate and floating-rate lending protocols, an onchain order book, domains and related assets.