Baker Hughes Doubles Data Center Order Target to $3 Billion on AI Power Demand

Baker Hughes Co., one of the world’s biggest oilfield contractors, said it plans to double its data center equipment order target to $3 billion over a three-year period, driven by...

By Emma Sanchez, Dani Burger, Jonathan Ferro · Bloomberg Markets

Baker Hughes Co., one of the world’s biggest oilfield contractors, said it plans to double its data center equipment order target to $3 billion over a three-year period, driven by surging demand for power to run artificial intelligence.