Chevron, one of the world’s largest oil companies, has announced plans to enter the rapidly growing field of artificial intelligence by building natural gas power plants directly connected to data centers.
These facilities will supply electricity to technology companies leveraging AI and other high-powered computing services, reported The New York Times. The move highlights the increasing energy demands of AI technologies and Chevron’s strategic shift to diversify its operations beyond traditional oil and gas.
The company’s CEO, Mike Wirth, revealed the initiative during a recent industry conference, emphasizing the role Chevron could play in bridging energy production and digital innovation. As data centers consume enormous amounts of electricity to support AI-driven computations, Chevron’s natural gas plants are positioned to offer a reliable and efficient energy source. This strategy allows Chevron to capitalize on its core expertise in energy production while contributing to a sector that’s reshaping industries globally.
Advanced AI models require thousands of powerful servers running around the clock, making energy supply a critical factor in scaling these technologies. By providing dedicated power plants, Chevron aims to establish long-term partnerships with tech firms while also reducing the risk of energy shortages that could hinder AI advancements.
However, the decision to use natural gas raises questions about sustainability. Critics argue that Chevron’s initiative could delay the transition to renewable energy sources, given the carbon emissions associated with natural gas. Environmental advocates emphasize the need for AI and energy sectors to collaborate on greener alternatives, such as wind and solar power, to meet growing energy demands without exacerbating climate change. […]
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At Last, a Company With Integrity in the Gold IRA Industry
For several years, I’ve been vetting out precious metals companies in search of the best. I believe in gold and silver but it’s hard to find integrity in the Gold IRA industry. The vast majority operate with shady tactics and gigantic spreads that take advantage of Americans who simply want to protect their life’s savings.
I’ve found a handful that I like and I’ve worked with some of them. By no means would I “unrecommend” them because, again, I vetted them out and found them to be above the fold. Unfortunately, it isn’t hard to be better than the rest when the rest are so darn awful.
After years of searching, I finally found a company that truly operates with integrity. Augusta Precious Metals has three important attributes that set them far above the competition:
- Non-Commissioned Sales Team: I cannot stress how important and unique this is. With just about every other company in the Gold IRA industry, the sales teams make commission from every account they open. This means they steer their clients toward the gold and silver products with the highest commission. With Augusta Precious Metals, the team is solely focused on putting the best gold and silver for their clients into their IRA. They get paid to serve the best interests of the Gold IRA client, NOT their own commission pay.
- Incredibly Low Fees: Most Americans would be shocked if they knew the spread other Gold IRA companies charge. Augusta charges just 5% versus up to 45% elsewhere.
- No Pressure, No Gimmicks: There’s an understanding among most in the Gold IRA industry that fear and pressure is the way to go. Augusta Precious Metals takes a sober approach when working with clients because they hold integrity in the highest possible regard. This is why they don’t offer gimmicks like “free” or “bonus” silver. It’s also why they do not apply pressure tactics to get quick sales. Their educational and transparent approach to doing business is exceedingly rare in the Gold IRA industry.
