ATLAS News · Companies
GE Vernova CEO Scott Strazik told Politico other countries are willing to invest if the U.S. slows its AI buildout, per Politico and CNBC coverage.
Politico reports that GE Vernova CEO Scott Strazik said "plenty of other countries" are ready to invest if the United States slows its artificial intelligence buildout.
A second Politico item says Strazik spoke about the U.S. AI buildout, energy permitting and other topics at the B20 USA event.
CNBC also ran a segment on GE Vernova (GEV), arguing that sellers of the stock have it wrong. The same CNBC headline refers to rising odds of a Fed rate hike.
GE Vernova is an energy equipment company, and the growth of AI data centers has put a spotlight on electricity supply and the permitting of new power projects.
The comments show how a major energy equipment supplier views the link between AI infrastructure demand and the pace of U.S. investment.
Price changes are shown for the trading day of the story and are a coincidence in time, not proof that the news caused them. Figures are ATLAS data from our database.
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