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Chevron to build gas plants to power data centers
Exxon’s CEO touted this ‘huge advantage’ in building power plants for AI data centers
"Our view is we'll bring this on faster than anybody else in the industry, and we'll certainly bring it on faster than any other opportunities for decarbonization."
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 Partner to Power AI Data Centers With Natural Gas
Key Takeaways Chevron and GE Vernova have partnered to build natural-gas power stations for U.S. data centers.The joint venture, which also includes investment firm Engine No. 1, plans to deliver up to 4 gigawatts of power,
20h
Blackstone holds firm on data center investments despite DeepSeek turmoil
Blackstone said on Thursday its massive investments in data centers would not be undermined by the low-cost artificial ...
3d
The Current And Future Path To AI Inference Data Center Optimization
While training has been the focus, inference is where AI's value is realized. Training clusters need large amounts of power.
4d
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 ...
23h
Canadian bitcoin miner Bitfarms mulls pivot to AI data centers
Toronto-based bitcoin miner Bitfarms has enlisted two consultants to explore how it can transform some of its facilities to ...
5d
Amazon spends $102 million on land for AI hub: Server farms vs. data centers explained
Amazon bought hundreds of acres of land in Ohio to build a massive data center. Are server farms and data centers different?
40m
The Biggest Beneficiaries of the $500 Billion Stargate Project Might Not Even Be AI Companies. Here Are 2 Other Stocks I'm Keeping a Close Eye On.
The Biggest Beneficiaries of the $500 Billion Stargate Project Might Not Even Be AI Companies. Here Are 2 Other Stocks I'm ...
3h
Mixture-Of-Experts AI Reasoning Models Suddenly Taking Center Stage Due To China’s DeepSeek Shock-And-Awe
Mixture-of-experts (MoE) is an architecture used in some AI and LLMs. DeepSeek garnered big headlines and uses MoE. Here are ...
1d
How the AI Data-Center Boom Is Helping Caterpillar
Caterpillar generators are a hot commodity among developers of computer data centers, despite challenges in some of the machinery maker's other business lines. Power-generat ...
3d
on MSN
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 ...
24/7 Wall St
3d
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 ...
7d
Reliance plans world’s biggest AI data center in India, report says
Mukesh Ambani’s Reliance is planning to build what could become the world’s largest data center in Jamnagar, India, with a ...
1d
on MSN
Forget mega yachts, AI data centers are quickly becoming the next battleground for billionaires as Zuckerberg pledges $65 billion CAPEX spend in 2025
Following $500 billion Project Stargate launch, Meta is also dolling out the dollars Meta's $65 billion is lower than ...
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