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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 Partner to Power AI Data Centers With Natural Gas
Chevron and GE Vernova have partnered with investment firm Engine No. 1 to build natural-gas power stations for U.S. data centers.
Chevron Is Ready to Burn Gas to Power AI
Per the Times, Chevron is already ordering equipment and pursuing potential locations for these power plants, which the company believes it can get up and operational in just three years. The plan, according to Chevron CEO Mike Wirth,
2d
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 ...
19m
on MSN
AI is bad for the environment, and the problem is bigger than energy consumption
Artificial intelligence technologies, like chatbots, are attracting growing scrutiny for their voracious energy demands.
6d
OpenAI, SoftBank each commit $19 bln to Stargate AI data center, the Information reports
OpenAI and Japanese conglomerate SoftBank will each commit $19 billion to fund Stargate, a joint venture to develop data ...
24/7 Wall St
9h
AI and Data Centers Gobbling Electricity: 4 High-Yield Dividend Utility Stock Bargains
The highest-yielding utility stocks could benefit from the massive increase in electricity use, and all offer dependable ...
5d
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 ...
4d
Stargate AI infrastructure project taps Texas for data centers
Stargate — the joint venture between OpenAI, Softbank and Oracle — is starting its AI infrastructure plans with 10 data ...
5d
First data center for Trump administration's Stargate AI initiative coming to Abilene
Stargate's first data center campus, located in Abilene, will be about 875 acres, but only says it will create at least 57 ...
Wall Street Journal
13d
Biden’s AI Data Center and Climate Contradiction
An executive order that seeks to accelerate the buildout of both green energy and
data
centers
for
artificial ...
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