GE Vernova to Power City-Sized Data Centers With Gas as AI Demand Soars [Yahoo! Finance]
GE Vernova Inc. (GEV)
Company Research
Source: Yahoo! Finance
Most Read from Bloomberg Brace for a Nationwide Shuffle of Corporate Headquarters Cloud Computing Tax Threatens Chicago's Silicon Valley Dream San Francisco, Paris Named Best Cities for Urban Transportation American Institute of Architects CEO Resigns DC Business Leaders Welcome Return-to-Office Policy Under Trump Big technology companies are reserving turbines — the engines at the heart of gas-fired power plants — for their planned 5-gigawatt data center campuses, GE Vernova Chief Executive Officer Scott Strazik said Wednesday. The companies aim to get some of these massive facilities up and running as early as 2028, he said. In the last 30 days alone, GE Vernova has signed 9 gigawatts of reservations for gas turbines from customers including data center developers, Strazik said. “That's just scratching the surface to what's coming,” he said in an interview at Bloomberg News headquarters in New York. Artificial intelligence, new factories and the electrification of
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