1. For the Cake:
   • 1 cup all-purpose flour
   • 1/2 cup unsweetened cocoa powder
   • 1 teaspoon baking soda
   • 1/2 teaspoon salt
   • 3/4 cup sugar
   • 1/2 cup extra-virgin olive oil
   • 2 large eggs
   • 1 teaspoon vanilla extract
   • 1/2 cup hot water
   • Optional: 1/2 cup of chocolate chips
2. For the Chocolate Cream Cheese Frosting:
   • 1 cup cream cheese, softened
   • 1/2 cup unsalted butter, softened
   • 1 1/2 cups powdered sugar, sifted
   • 1/2 cup unsweetened cocoa powder, sifted
   • 1 teaspoon vanilla extract

Instructions:

1. Preheat the oven to 350°F (175°C). Grease and line a 9-inch round cake pan.
2. Sift together flour, cocoa powder, baking soda, and salt.
3. In another bowl, whisk sugar, olive oil, eggs, and vanilla extract.
4. Mix dry ingredients into wet ingredients, add hot water, and fold in chocolate chips if using.
5. Pour batter into the pan, bake for 30-35 minutes. Let cool.
6. For frosting, beat cream cheese and butter, add powdered sugar and cocoa powder, then vanilla extract.
7. Slice cooled cake horizontally, spread frosting on the bottom layer, place the second layer on top, and frost the top and sides if desired.