Caterpillar Taps Monarch AI Campus Power Deal As Valuation Stays Steady

Caterpillar (NYSE:CAT) is supplying large-scale natural gas generator sets to power up to 2 gigawatts of capacity at the new Monarch AI campus in West Virginia. The project involves a collaboration with Nscale and Microsoft to support one of the world's largest dedicated AI compute installations. This data center is intended to serve as a flagship hub for next generation AI compute capacity in the US. The agreement expands Caterpillar's role in long duration power generation contracts tied...