Chevron plans to build gas plants to power AI data centers
Chevron Corp. is launching a partnership to develop natural gas-fired power plants next to data centers, a move that will allow it to tap into surging demand for electricity for artificial intelligence.
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, is to “meet the moment and address this growing need for reliable and affordable power.”
Chevron, Engine No. 1 and GE Vernova Join Forces to Power AI
Chevron Corporation CVX, Engine No. 1 and GE Vernova recently collaborated on an ambitious initiative to develop natural gas power plants to support the surging energy demands of AI-driven data centers.
Not Sweating DeepSeek: Exxon, Chevron Plow Ahead on Data Center Power
The launch of the energy-efficient DeepSeek chatbot roiled tech and power markets in late January. But supermajors Exxon Mobil and Chevron continue to field intense demand for data-center power supply,
US: Chevron plans 4GW natural gas plants to meet AI’s soaring power demand
Chevron and Engine No. 1 partner to build multi-gigawatt natural gas power plants, fueling the AI-driven data center boom.
Investor Who Fought Exxon Will Build Gas Plants for AI with Chevron
Activist investor Engine No.1 is now teaming up with Chevron to build natural gas-fired power plants to meet soaring AI-driven electricity demand.
Chevron, Engine No. 1 and GE Vernova team up on powering US data centers, with AI in focus
Oil company Chevron is partnering with Engine No. 1 and GE Vernova to create natural gas power plants in the United States that will be linked to data centers in order to support increased demand for electricity at these centers,
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 to build gas power plants for US AI data centres
Rapid adoption of AI technology is triggering a surge in data centre development, and in turn increasing demand for electricity
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, Engine No. 1, GE Vernova team up to build US data centers
Chevron U.S.A. announced Tuesday a partnership with Engine No. 1 and GE Verona in plan to develop reliable power solutions for U.S. data centers running on natural gas.
Chevron, GE Vernova aim to fuel power-hungry AI. DeepSeek throws that in question.
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Exxon, Chevron Brave DeepSeek Risk to Chase AI Future as Oil Glow Fades
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Is Chevron Corporation (CVX) a Cheap Quarterly Dividend Stock to Invest In?
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Chevron CEO on Tariffs, Earnings, AI and Production
Chevron Corp. reported earnings that came in below estimates, but it raised dividends by 5%. Profits were hurt by slumping fuel margins. Chevron CEO Mike Wirth spoke with Bloomberg's Alix Steel about ...