DTE Energy Co. beat Wall Street estimates for fourth-quarter profit on Tuesday, benefiting from higher power demand as requirements from data centers continue to grow. The technology industry's AI ...

It’s the first bipartisan proposal this Congress to rein in the artificial intelligence infrastructure. A bipartisan Senate duo introduced new legislation this week that would force data centers to ...

Feb 13 (Reuters) - A plan from PJM Interconnection, the largest power grid operator in the U.S., to manage burgeoning power demand from data centers could accelerate deal-making between data-center ...

Artificial intelligence (AI) companies may be booming, but they’re still struggling to get around a fundamental constraint: an insatiable demand for electricity. The federal government isn’t likely to ...

The data center boom has arrived in small-town Beaver County with little of the fanfare that’s accompanied similar proposals across Southwestern Pennsylvania. Shippingport Council granted several ...

Chevron CEO Mike Wirth detailed the company’s strategy to harness U.S. natural resources to meet soaring artificial intelligence power demand — without passing the cost along to consumers. "As data ...

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Monday's key moments. 1. The S & P 500 was higher to start the new month ...

AI data centers are driving a surge in new gas projects. AI data centers are driving a surge in new gas projects. is a senior science reporter covering energy and the environment with more than a ...

(TNS) — With a massive artificial intelligence data center set to open in Independence, the city will reopen and majorly expand the capacity of a decades-old power plant to fuel it. Until then, the ...

Baker Hughes said it plans to double its data center equipment order target to $3 billion from 2025 to 2027 amid rising AI power demand. CEO Lorenzo Simonelli said power consumption could double by ...

Power prices in the largest U.S. grid rose sharply on Sunday as demand in a region with the world's largest concentration of ⁠energy-hungry data centers surpassed forecasts during a deep freeze ...

In a major milestone for the city, a data center in South San Jose has become the first project to receive power under a historic agreement with PG&E that guarantees service delivery for large energy ...