Chevron Wants to Tap Into A.I. Boom by Selling Electricity to Data Centers

• Victoria’s Secret taps retail veteran as new CFO, but stock sells off

  Victoria’s Secret is facing customers who are dealing with higher costs for more pressing needs.
  
  MarketWatch - 11h
• 

  Data Centers Have a Cooling Problem—These Companies Are Solving It

  3D Architech and Apheros are working on innovative solutions to make those big AI brains more sustainable.
  
  Inc. - 2d
• 

  Big Tech Wants Data Centers Plugged Directly into Power Plants. Utilities Don’t

  If data centers connect direct to the utilities, it raises questions about the grid.
  
  Inc. - 3d
• 

  Big Tech wants to plug data centers right into power plants. Utilities say it's not fair

  Looking for a quick fix for their fast-growing electricity diets, tech giants are increasingly looking to strike deals that would let them plug directly into power plants
  
  ABC News - 4d

• Meta Spending to Soar on AI, Massive Data Center

  The social-media giant plans to spend between $60 billion and $65 billion, the latest sign of tech companies’ accelerating investments into artificial intelligence.
  
  The Wall Street Journal - 5d

• Nvidia releases gaming chips for PCs, tapping AI features from data center GPUs

  At CES in Las Vegas, Nvidia showed that it's still focused on serving gamers even as the company's primary business is now in the data center.
  
  CNBC - Jan. 7

• China's electric car boom is increasingly more about hybrids

  Hybrid-powered vehicles are proving more popular than battery-only ones in China, even as consumers shift away from gas-only cars, full-year data show.
  
  CNBC - Jan. 3

More from The New York Times

• 

  The Fed Holds Rates Steady, Hitting Pause After a Series of Cuts

  The U.S. central bank did not cut borrowing costs amid a solid economy and rising inflation risks.
  
  The New York Times - 3h
• 

  After DeepSeek, Venture Capital Investors Face Questions About Their A.I. Bets

  Venture capitalists plowed money into A.I. start-ups like OpenAI and Anthropic. But the rise of the Chinese A.I. start-up DeepSeek has called that funding frenzy into question.
  
  The New York Times - 8h
• 

  DeepSeek Shows Meta’s A.I. Strategy Is Working

  The Silicon Valley giant was criticized for giving away its core A.I. technology two years ago for anyone to use. Now that bet is having an impact.
  
  The New York Times - 8h
• 

  Frontier Airlines Offers to Buy Spirit Airlines, Again

  Spirit, which filed for bankruptcy protection last year, says it has rejected the new Frontier overture but would be open to a higher offer.
  
  The New York Times - 8h
• 

  Silicon Valley Tech Workers Quietly Protest Their Bosses’ Embrace of Trump

  As Mark Zuckerberg and other tech titans have embraced President Trump and muffled internal dissent at their companies, their mostly left-leaning employees have objected with subtle acts of defiance.
  
  The New York Times - 10h

More in Business

• American Airlines regional jet collides midair with helicopter near Washington, D.C. airport, FAA says

  An American Airlines regional jet collided with a helicopter near Ronald Reagan Washington National Airport.
  
  CNBC - 5m

• ServiceNow’s stock falls as the outlook underwhelms. But it is conservative?

  ServiceNow’s CFO said the forecast for subscription revenue is prudent. And one analyst cheered the company’s momentum with large deals.
  
  MarketWatch - 32m

• Tesla reports $600 million bitcoin profit jump after digital assets rule change

  A recent change in the rules for how companies account for digital assets led Tesla to report a $600 million mark-to-market gain.
  
  CNBC - 32m

• Microsoft investors are ignoring this number that suggests better growth ahead

  Microsoft Corp. investors focused on the company’s disappointing revenue of its Azure cloud business on Wednesday, but they should also be looking at another number indicative of future growth: ...
  
  MarketWatch - 46m
• 

  RFK Jr. Commits to Protecting Innovation, Including Stem Cell Research

  Four key takeaways from his appearance before the Senate Finance Committee.
  
  Inc. - 54m