COMPANIES · ENERGY & GRID

Caterpillar

Caterpillar makes construction and mining machinery, diesel and natural gas engines, generator sets, industrial gas turbines (through Solar Turbines) and locomotives.

AI-adjacentEnergy & grid
What it does

Caterpillar makes construction and mining machinery, diesel and natural gas engines, generator sets, industrial gas turbines (through Solar Turbines) and locomotives.

Why it matters

Its generator sets and turbines are increasingly used to give AI data centers onsite and backup power, such as a planned 2 GW gas-generator build at a West Virginia campus meant to host Microsoft compute; data-center power is one segment within a much larger machinery business.

How it makes money

Contractors, miners, utilities, data-center developers and other industrial buyers pay for machines, engines, generators, turbines, parts, services and financing, mostly through independent dealers.

Geography

United States (Irving, Texas)

AI stack position

Energy and the electrical grid. The companies that generate, distribute and manage the electricity AI infrastructure runs on. AI data centers use enormous amounts of power, so the companies producing and delivering that electricity are just as critical to the AI economy as the chip makers.

Competitors

Connections (3)

Every connection below is tied to a readable source, date, classification and statement of its limits. A company source establishes what that company stated; it does not necessarily provide independent confirmation.

Dated or announced (2)

Caterpillar announced a power collaboration for a Microsoft-linked AI campus with Microsoft
Partners withDated / announced
Nscale said it and Microsoft announced a collaboration with NVIDIA and Caterpillar for a West Virginia AI campus, where Caterpillar G3500 gas generator sets are to provide 2 GW of power by mid-2028 and Microsoft signed a letter of intent for 1.35 GW of compute.

Source: 2026-03-16 · reviewed 2026-09-26

Evidence: Primary-source statement · Announced; not confirmed operating

Limits: Caterpillar's equipment goes to developer Nscale's campus, not directly to Microsoft; Microsoft's commitment is a letter of intent; does not establish order value, delivery or operation.

Nscale and Microsoft Announce Collaboration with NVIDIA and Caterpillar to Deliver 1.35GW of NVIDIA Vera Rubin NVL72 GPUs at Flagship AI Factory Campus in West Virginia ↗
Caterpillar uses AI computing and software from NVIDIA
Uses technology fromDated / announced
Caterpillar said it is working with NVIDIA to use Jetson Thor for AI on Cat construction, mining and power equipment, Riva speech models for its Cat AI Assistant, and Omniverse for factory digital twins.

Source: 2026-01-07 · reviewed 2026-09-26

Evidence: Primary-source statement · Announced collaboration; deployment scope not confirmed

Limits: Describes a technology collaboration; does not establish how many machines use NVIDIA hardware, purchase volumes, or exclusivity.

Caterpillar Teams With NVIDIA to Revolutionize Heavy Industry with Physical AI and Robotics ↗

Comparisons (1)

Cummins competes in data center generators with Caterpillar
Competes withComparison only
Equipment World reported that Caterpillar, Cummins and Rehlko are all supplying generator sets to meet data center power demand, with Cummins citing record Power Systems performance.

Source: 2026-06-04 · reviewed 2026-09-26

Evidence: Analytical comparison · Product/market overlap

Limits: Shows overlapping products and customer markets; does not establish market shares, head-to-head bids or relative pricing.

Caterpillar, Cummins, Rehlko Generators Power Data Center Boom ↗
Evidence for this profile

Caterpillar Reports Fourth-Quarter and Full-Year 2025 Results ↗
Reviewed

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Inclusion in this database is not an endorsement of a company or its securities. Nothing here is a recommendation to buy or sell anything, and none of it is individualized investment advice. See the disclosures. Data: AI Map v3.24, released .