Microsoft and Chevron announced a plan to develop a 2.67-gigawatt natural gas power plant in West Texas to supply electricity for Microsoft's AI and cloud data centers. The plant will use large turbines from GE Vernova and Solar Turbines, with Microsoft committing to a 20-year power purchase agreement. This project, called Kilby, will be one of the largest combined natural gas power and data center developments in the U.S. However, it raises concerns as it may emit over 13 million tons of CO2, challenging Microsoft's goal to eliminate carbon emissions by 2030.
Microsoft CEO Satya Nadella emphasized the need for AI companies to secure societal approval as concerns grow about AI's impact on jobs and safety. He warned against viewing AI solely as a cost-cutting tool and advocated for reorganizing jobs to enha...
Chinese AI models like GLM-5.2 are quickly gaining traction in the US due to their advanced capabilities and lower costs, challenging American AI dominance. These open-source models, developed by firms such as z.AI, Tencent, and Xiaomi, offer competi...
Chevron has entered a 20-year agreement to supply power to Microsoft's AI data centers using new natural gas plants in West Texas. This deal marks Chevron's largest step into the data center energy market, supporting Microsoft's growing demand for re...
The Schwab U.S. Large-Cap Growth ETF (SCHG) provides concentrated exposure to leading U.S. technology companies heavily involved in AI, including Nvidia, Apple, and Microsoft. It is positioned to benefit from a projected multi-trillion-dollar increas...
The Amplify Video Game Leaders ETF (GAMR) recently rebalanced its portfolio by adding International Games System, a Taiwan-based company known for arcade and mobile gaming. This change replaces Capcom and diversifies GAMR's exposure within the gaming...
