Nvidia, Elon Musk's xAI team up with Microsoft, BlackRock to boost AI infrastructure in US [Yahoo! Finance]
GE Vernova Inc. (GEV)
Company Research
Source: Yahoo! Finance
companies said Wednesday, as a global race to dominate the nascent technology intensifies. The group, formed last year with a goal to initially invest more than $30 billion in AI-related projects, is one of the biggest efforts to bankroll data centers and energy facilities needed to power AI applications such as ChatGPT. The additions come two months after President Trump announced Stargate, a private sector AI infrastructure initiative backed by SoftBank Group, OpenAI and Oracle, with plans to mobilize up to $500 billion Investors have committed $100 billion for immediate deployment, with the rest expected over the next four years. The consortium – which includes BlackRock's Global Infrastructure Partners – on Wednesday renamed itself as AI Inf
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GEV
News
- GE Vernova Inc. (NYSE: GEV) had its price target raised by analysts at Jefferies Financial Group Inc. from $391.00 to $413.00. They now have a "buy" rating on the stock.MarketBeat
- GE Vernova (GEV) Ascends While Market Falls: Some Facts to Note [Yahoo! Finance]Yahoo! Finance
- BlackRock (NYSE:BLK) AI Partnership Expands With NVIDIA and xAI Aiming For US$30 Billion Capital Unlock [Yahoo! Finance]Yahoo! Finance
- Nvidia, xAI to Join BlackRock and Microsoft's $30 Billion AI Infrastructure Fund [Yahoo! Finance]Yahoo! Finance
- GE Vernova Inc. (NYSE: GEV) had its price target lowered by analysts at Royal Bank of Canada from $453.00 to $445.00. They now have an "outperform" rating on the stock.MarketBeat
GEV
Earnings
- 1/23/25 - Miss
GEV
Sec Filings
- 3/4/25 - Form 4
- 3/4/25 - Form 4
- 3/4/25 - Form 4
- GEV's page on the SEC website