This oil company is spending $14 billion to be part of the AI data-center business - MarketWatch
1. Baker Hughes acquires Chart Industries for $210 per share, $13.6 billion total. 2. The acquisition targets growth in the data center sector for Baker Hughes. 3. Baker Hughes stock declined 1.7% after the announcement of the deal. 4. Chart Industries’ stock rose 15.8% following the acquisition news. 5. Data centers are key to Baker Hughes' strategy in AI and energy efficiency.