Microsoft and Chevron have entered into a 20-year agreement for a 2.67-gigawatt power deal to support a new Microsoft AI datacenter in Pecos, Texas. Chevron's subsidiary, Energy Forge One, will construct the Kilby plant, utilizing GE Vernova turbines and aiming for initial power generation in 2028. Microsoft will fund this new power generation capacity. AI
IMPACT Secures substantial power for AI operations, potentially enabling larger-scale AI model training and deployment.
RANK_REASON Significant energy infrastructure deal for a major AI datacenter. [lever_c_demoted from significant: ic=1 ai=0.7]
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