Chevron, GE Vernova Bet Big On AI Power: Data Centers To Consume Enough Natural Gas To Power 3.5 Million Homes
1. Chevron, GE Vernova, and Engine No. 1 form a joint venture. 2. They aim to supply 4 gigawatts of natural gas for AI data centers by 2027. 3. Chevron's Q4 earnings report is awaited, showing potential long-term AI power insights. 4. Power demand from AI is increasing, impacting energy markets and companies like Chevron. 5. Investors are concerned about the efficiency gains in AI potentially making power needs obsolete.