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Is AI-driven Power Demand Aiding GE Vernova's Gas Power Business?

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Zacks Investment Research

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June 12, 2025

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Barchart

The growth of artificial intelligence (AI) and cloud computing has been significantly increasing electricity consumption of late, especially in hyperscale data centers worldwide. Surging electricity consumption is driving the need for a reliable and constant power supply, resulting in growing demand for power-generation equipment like those manufactured by GE Vernova...

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