Chevron, GE Vernova and investment firm Engine No. 1 said they were forming a joint venture to power artificial-intelligence data centers with natural gas-fueled electricity. The joint venture of Chevron,

Chevron and GE Vernova have partnered with investment firm Engine No. 1 to build natural-gas power stations for U.S. data centers.

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.