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Chevron to build gas plants to power data centers
Chevron to build gas plants to power data centers amid AI boom
Oil and gas producer Chevron said on Tuesday it plans to build natural gas-based power plants next to data centers in the U.S., as energy demand to support the growth of artificial intelligence is expected to boom.
Chevron, GE Vernova Double Down on Powering Big AI Data Centers
Chevron and GE Vernova announced they will be joining forces to develop power solutions for data centers running on natural gas. Energy giant Chevron and gas turbine maker GE Vernova said they aim to establish a multi gigawatt-scale power plant in conjunction with Engine No.
Chevron, GE Vernova, Engine No. 1 Team Up to Power Data Centers
Chevron, GE Vernova and investment firm Engine No. 1 said they were forming a joint venture to power artificial-intelligence data centers with natural gas-fueled electricity. The joint venture of Chevron,
1d
on MSN
This $500 Billion AI Data Center Investment Could Accelerate Demand for This Crucial Fuel
President Trump recently announced that several companies in the private sector are teaming up to invest up to $500 billion ...
Construction Dive
13h
Multibillion-dollar data center projects to watch
In addition to Oracle and OpenAI's Stargate initiative, Amazon, Meta, Google and other tech giants are building facilities ...
5d
Behind $500 billion AI data center plan, US startups jockey with tech giants
This week's announcement by President Donald Trump of a massive private-sector investment to build more AI data centers casts ...
power-grid
1d
What are utilities going to do about data centers & AI? New DTECH event offers emerging strategies
Electric utilities, project developers, and policymakers are tasked with supporting energy-intensive data center and ...
4d
on MSN
Meta to spend up to $65B on massive AI data center: ‘Defining year for artificial intelligence’
Zuckerberg expects Meta’s AI assistant — available across its services, including Facebook and Instagram — to serve more than ...
16h
Prediction: This Artificial Intelligence (AI) Stock Will Be Worth More Than Meta in 2025
Microsoft alone is projecting $80 billion of infrastructure spend for data centers in 2025; meanwhile, OpenAI, Oracle, and ...
4d
on MSN
Data centers are booming in Texas. What does that mean for the grid?
The rise of artificial intelligence, the digitization of the economy and everyday life’s growing computing needs have ...
1d
on MSN
Vistra and Other AI Data Center Stocks Crash. Doubts Are Starting to Creep In.
The emergence of DeepSeek is casting doubt on the power needs of AI—and on the stocks of independent power producers.
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