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Chevron Is Turning on the Gas to Power AI Data Centers
ChevronChevron(US:CVX) The Motley Foolยท2025-02-02 10:19

Chevron (CVX -4.56%) holds a treasure trove of low-cost natural gas resources across the U.S. This lower-carbon fuel could play a significant role in powering the artificial intelligence (AI) revolution. That technology requires a tremendous amount of electricity to power the specialized chips needed to run AI applications in data centers.The energy company is taking a major step to capitalize on this opportunity. It's partnering with a leading investment firm (Engine No. 1) and GE Vernova (GEV -2.63%) to p ...