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Chevron to build gas plants to power data centers

The Associated Press - Busines… · 2d

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 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.

Investopedia on MSN · 2d

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,

Blackstone defends $80bn data centre investment

The Motley Fool on MSN · 4d

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 into infrastructure for artificial intelligence (AI). The Stargate project, backed by OpenAI, Softbank, and Oracle, will build 20 data centers in the country, with the initial one already under construction in Texas.

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 intelligence models from China's DeepSeek, as the need for physical infrastructure was still vital for AI.

The Financial Times · 22h

Blackstone defends $80bn data centre investment as DeepSeek shakes market

Rising rents for data centres, amid breakneck spending by tech giants, have buoyed earnings for the alternative asset manager, which is building infrastructure for Big Tech groups such as Amazon, Microsoft and Alphabet.

Microsoft Cloud and AI strength drives 2nd quarter results

Bloomberg on MSN · 18h

Microsoft cloud growth constrained by data center shortage

Microsoft said its cloud-computing business will continue to grow slowly in the current quarter as the company struggles to build enough data centers to handle demand for its artificial intelligence products.

MarketWatch · 1d

Why Microsoft's cloud growth likely slowed last quarter

Artificial intelligence has been a big contributor to Microsoft's cloud growth, but the company is also being held back in a way. Microsoft has mentioned having capacity constraints because it doesn't have enough graphics processing units.

Microsoft Research on MSN · 1d

Microsoft Cloud and AI strength drives second quarter results

Microsoft Corp. today announced the following results for the quarter ended December 31, 2024, as compared to the corresponding period of last fiscal year: Revenue was $69.6 billion and increased 12% Operating income was $31.

4d

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?

2d

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.

10hon MSN

$200 million AI data center coming to Wisconsin Rapids

A multi-million dollar AI data center will be built in Wisconsin Rapids. Digital Power Optimization, Inc. announced last week ...

6d

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 ...

14hon MSN

Data analytics startup Athenic AI wants to be an enterprise’s central nervous system

The result was Athenic AI, a company that uses AI to run data analytics for enterprises across all of their data sources.

13hon MSN

Forget mega yachts, AI data centers are quickly becoming the next battleground for billionaires as Zuckerberg pledges $65 billion CAPEX spend in 2025

Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access ...

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