Business & TrendsSeptember 27, 2026
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Anthropic IPO Fuels GE Vernova Boom
Anthropic and OpenAI plan IPOs, while GE Vernova profits from rising power demand.
#Anthropic#OpenAI#IPO#GE Vernova#energy

š„ What happened
Anthropic filed a confidential S-1 with the SEC on June 1, 2026, targeting a November IPO. OpenAI followed a week later and will likely go public next year. Both are burning electricity at staggering rates.
š” Why it matters
GE Vernova builds the gas turbines and grid gear powering their data centers, and its stock is up over 6x since spinning off from GE in 2024. Data center orders alone topped $5 billion in H1 2026 ā more than all of 2025 combined.
ā” Our take
Betting on which AI model wins is a coin flip. Betting on the power bill is nearly a sure thing. GE Vernova is the most boring ā and most profitable ā AI trade of the year.
The title, summary and analysis of this item were produced automatically by an AI system and have not been editorially reviewed. They may contain errors, bias or omissions ā when in doubt, read the linked original source.
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