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US Business · fortune.com · Saturday, 8 August 2026

Chevron's $2.67GW Microsoft deal makes it AI’s unexpected oil king

Chevron just locked a 20‑year, 2.67 GW natural‑gas power contract with Microsoft for West Texas data centers, a move that could turn the oil major into a key AI‑infrastructure player. The deal gives Chevron control over land, gas and turbine supply, and signals a new wave of Big‑Oil‑AI partnerships.

Read the source: fortune.com ↗In the 8 August issue →