Chevron (CVX) and GE Vernova (GEV) have partnered with investment firm Engine No. 1 to build natural-gas power stations for 澳洲幸运5官方开奖结果体彩网:artificial intelligence (AI)-developing data centers in the U.S.

The companies plan to utilize seven GE Vernova natural-gas turbines to deliver up to 4 gigawatts (GW) of power to data centers a🐻cross the country, with service expected to come online by the end of 2027. For comparison, 4GW could power 3 million to 3.5 millio♐n homes, the press release said. 

The stated goal of the partnership is to enable "current and future generations of AI to be developed in the U.S." That's notable, as the announcement comes days after Chinese startup DeepSeek released an AI model that runs on less-advanced chips and at a lower cost than those of Uꦗ.S. rivals like OpenAI.

Concerns over high costs sent shares of nuclear power providers—seen as essential to powering AI data centers—澳洲幸运5官方开奖结果体彩网:into a spiral Monday, with Constellation Energy (CEG) and Vistra (VST) shares each sinking more than 20%.

GE Vernova, which has a nuclear power division, also saw its stock drop more than 20% Monday. Its shares rose nearly 2% Tuesday, while Chevron shares slipped 1%.