Exxon in advanced talks to power AI data centers with natural gas and carbon capture

Core Insights - Exxon Mobil is in advanced discussions with power providers and technology companies to implement carbon capture technology aimed at reducing emissions from AI data centers that utilize natural gas [1][3]. Group 1: Company Initiatives - Exxon aims to capture 90% of carbon dioxide emissions from natural gas plants that power data centers, indicating a strong commitment to decarbonization efforts [3]. - The company is engaging with power companies to decarbonize their plants, highlighting the progress in these discussions [3]. Group 2: Industry Context - Hyperscalers, including companies like Alphabet, Amazon, Meta, and Microsoft, are investing in low-emission facilities and have primarily secured renewable energy to offset emissions from their data centers [2][3]. - Some tech companies, such as Meta, are exploring natural gas as a reliable power source, exemplified by their agreement with Entergy in Louisiana to power a data center campus [4].