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Two Fossil Fuel Companies Are Betting Big on Data Centers

Chevron and Williams are big winners in the race to power artificial intelligence as they build out gas-fired power plants and pipelines.

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wired.com

cryptobriefing.com

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wired.comStai leggendo1 g fa

Two Fossil Fuel Companies Are Betting Big on Data Centers

Chevron and Williams are big winners in the race to power artificial intelligence as they build out gas-fired power plants and pipelines.

originale

cryptobriefing.com1 g fa

Chevron and Williams bet billions on gas-fired power plants to feed AI's insatiable energy appetite

Chevron and Williams are building standalone gas plants for AI: Chevron's 20-year Microsoft PPA locks 2.5–5 GW in Texas; Williams committed $5B. Decade-long contracts monopolize scarce energy for Big Tech, squeezing crypto miners and creating stable revenue for fossil producers.

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Timeline cronologica

giovedì 6 agosto 2026·wired.com
Two Fossil Fuel Companies Are Betting Big on Data Centers
Chevron and Williams are big winners in the race to power artificial intelligence as they build out gas-fired power plants and pipelines.
giovedì 6 agosto 2026·cryptobriefing.com
Chevron and Williams bet billions on gas-fired power plants to feed AI's insatiable energy appetite
Chevron and Williams are investing billions in gas-fired power plants for AI data centers, intensifying competition with crypto miners for cheap