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Chevron, GE Vernova
Chevron, GE Vernova aim to fuel power-hungry AI. DeepSeek throws that in question.
Chevron and GE Vernova are trying their hand at supplying power to data centers, just as China’s DeepSeek may upend that play.
Chevron, Engine No. 1, GE Vernova team up on powering US data centers, with AI focus
Oil company Chevron is partnering with Engine No. 1 and GE Vernova to create natural gas power plants in the United States that will be linked to data centers in order to support increased demand for electricity at these centers,
Chevron to build gas plants to power data centers amid AI boom
Oil and gas producer Chevron said on Tuesday it plans to build natural gas-based power plants next to data centers in the U.S., as energy demand to support the growth of artificial intelligence is expected to boom.
10h
GE Vernova to invest $600 million in US manufacturing over next two years
The Cambridge-based energy company said it will create 1,500 new manufacturing and engineering jobs, in addition to the ...
16h
GE Vernova Plans to Invest Nearly $600M in U.S. Factories, Creating 1,500 Jobs
The company said the new investments are the first part of a larger $9 billion investment plan through 2028 that was announced in December. Currently GE Vernova has more than 18,000 workers across the ...
1d
on MSN
GE Vernova still draws bullish recommendations after worst-ever daily loss
GE Vernova rebounds after sharp selloff as analysts maintain positive outlook on AI demand for electricity from data centers.
5h
OpenAI says DeepSeek may have improperly harvested its data
OpenAI says it is reviewing evidence that Chinese startup DeepSeek broke its terms of service by harvesting large amounts of ...
7d
on MSN
Trump may not like wind power, but Stargate AI plan is a boon for GE Vernova
GE Vernova’s stock was rallying toward a sixth straight record close Wednesday as optimism over how the power business will ...
Upstream
1d
Siemens Energy and GE Vernova hammered in DeepSeek AI shares rout
Energy technology giants Siemens Energy and GE Vernova saw their share prices hammered on Monday as they were swept up in ...
2d
on MSN
Power stocks plunge as AI energy needs called into question because of new China AI lab
The debut of China’s DeepSeek AI lab is raising doubts about the billions of dollars the tech sector is investing in data ...
GlobalData on MSN
2d
NextEra Energy and GE Vernova link for US gas-fired power projects
NextEra Energy has partnered electric services company GE Vernova to develop natural gas-fired power generation projects in ...
1d
GE Vernova still benefits from positive electric infrastructure demand, says RBC
RBC Capital keeps an Outperform rating and $453 price target on GE Vernova (GEV) after yesterday’s 22% stock price decline. The firm does not ...
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