Chevron Joins The Race To Generate Power For AI

fliptop writes:

Chevron, one of the world's largest oil companies, has announced plans to enter the rapidly growing field of artificial intelligence by building natural gas power plants directly connected to data centers:

These facilities will supply electricity to technology companies leveraging AI and other high-powered computing services, reported The New York Times. The move highlights the increasing energy demands of AI technologies and Chevron's strategic shift to diversify its operations beyond traditional oil and gas.

The company's CEO, Mike Wirth, revealed the initiative during a recent industry conference, emphasizing the role Chevron could play in bridging energy production and digital innovation. As data centers consume enormous amounts of electricity to support AI-driven computations, Chevron's natural gas plants are positioned to offer a reliable and efficient energy source. This strategy allows Chevron to capitalize on its core expertise in energy production while contributing to a sector that's reshaping industries globally.

[...] The company plans to integrate carbon capture technologies into its power plants to offset their environmental impact. Additionally, Chevron has committed to exploring renewable energy options alongside its natural gas operations, suggesting a balanced approach to meeting current energy demands while investing in a low-carbon future.

Related:

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• Google Plans to Go Nuclear With its Data Centres
• AI's Energy Appetite Too Big for Texas, Regulators Warn
• Plan Would Power New Microsoft AI Data Center From Pa.'s Three Mile Island 'Unit 1' Nuclear Reactor

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