Microsoft, Chevron and Engine No. 1 sign exclusive deal for power supply

Group 1 - Microsoft, Chevron, and Engine No. 1 have entered into an exclusivity agreement for power generation and supply [1] - Technology companies are securing electricity supply for expanding data centers to support generative AI services [2] - Chevron and Engine No. 1 previously announced a partnership to build natural gas-based power plants near data centers in the U.S. [3] Group 2 - The proposed natural gas-fired power plant in West Texas is projected to cost approximately $7 billion [3] - The facility is expected to generate 2,500 megawatts of electricity for a large data center campus [4] - Chevron aims to start its first project to power an AI data center using natural gas in West Texas by 2027 [4]