Chevron and GE Vernova are trying their hand at supplying power to data centers, just as China’s DeepSeek may upend that play ...
Big Oil was once the antithesis of the asset-light, hyper-growth world of Silicon Valley. Now it’s looking to Big Tech to stay relevant.
The latest entrant is Chevron, the country’s second-largest oil and gas company, which sees opportunity in building natural gas-fueled power plants that will feed energy directly to data centers.
The Chinese company is rapidly changing assumptions about individual models’ power needs, but the AI sector’s emissions are ...