Chevron, Microsoft Plan 2.67 GW Texas Gas Power Project for Data Centers

Chevron (CVX) and Microsoft (MSFT) are collaborating to develop a 2.67-gigawatt natural gas power project in Texas. The initiative aims to supply dedicated energy to Microsoft's expanding data centers, addressing the significant power demands driven by artificial intelligence technologies. This partnership leverages Chevron's expertise in energy infrastructure with Microsoft's escalating need for reliable and scalable power solutions. The project highlights a growing trend of technology companies directly investing in energy generation to secure their operational requirements.