💼 AI Business

AI Giants Torch Natural Gas for Data Centers – History's About to Repeat

Microsoft's teaming up with Chevron to build a 5GW gas plant in Texas. Google's not far behind. AI's power hunger is birthing an energy scramble that reeks of past bubbles.

Construction site of a massive natural gas power plant in Texas desert with AI data center silhouettes in background

⚡ Key Takeaways

  • AI firms like Microsoft, Google, Meta racing to build gigawatt-scale natural gas plants for data centers in U.S. South.
  • Turbine shortages and price surges signal supply crunch; deliveries delayed to 2028.
  • Risks include price volatility, weather disruptions, and backlash from other industries — history's energy crises loom.
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Originally reported by TechCrunch - AI

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