Microsoft, Chevron, Engine No. 1 sign exclusivity for AI centers
Business
Microsoft has entered an exclusivity agreement with Chevron and Engine No. 1 to figure out new ways to keep its AI data centers running strong, even as demand for tools like ChatGPT and Copilot keeps climbing.
No official contracts yet, but it's a clear sign that Microsoft is planning ahead so its AI doesn't run out of juice.
West Texas $7 billion plant planned
Chevron and Engine No. 1 are set to build natural gas power plants right next to US data centers, including a massive $7 billion project in West Texas aiming for 2027.
Plus, Microsoft agreed to rent a big Texas data center project (originally meant for Oracle and OpenAI) to help handle all the extra AI workload coming its way.