Microsoft, Chevron and Engine No. 1 entered an exclusivity agreement for power generation to supply AI data centers. The pact targets a proposed $7 billion natural gas-fired plant in West Texas capable of 2,500 megawatts with targeted startup in 2027.
Major technology firms such as Microsoft are racing to lock in reliable power sources as their data center footprints expand rapidly.
It focuses on supplying electricity for data centers that run generative AI tools including ChatGPT and Copilot.
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