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GE VernovaRevenue

Anthropic and OpenAI Are Both Racing to IPO. GE Vernova Wins Either Way.

What happened

GE Vernova reported that new orders jumped 88% year over year in the second quarter of 2026 to $24.2 billion.

Source

Article excerpt

Anthropic and OpenAI are consuming tremendous amounts of electricity. That's great news for GE Vernova, which makes turbines and other equipment used in producing electricity. GE Vernova's stock's lofty valuation is arguably justified by its booming business. Two of the hottest artificial intelligence (AI) companies on the planet plan to go public. Anthropic filed a confidential S-1 initial registration statement with the U.S. Securities and Exchange Commission (SEC) on June 1, 2026, and plans to conduct an initial public offering (IPO) in November. OpenAI filed its S-1 a week later than Anthropic and will likely hold its IPO next year. While investors eagerly await the debuts of these two prominent AI stocks, there's another stock they can buy right now that is directly benefiting from the success of both Anthropic and OpenAI. GE Vernova (NYSE: GEV) doesn't care which of these AI model leaders go public first -- it wins either way. Missed AI’s "Act 1"? Act 2 Could Be 15x Bigger. Most investors think they missed the AI boat because they didn't buy Nvidia in 2005. But according to our analysts, we’re only at the end of "Act 1" - the R&D phase. "Act 2" is the global rollout. Continue » Image source: The Motley Fool. As Anthropic and OpenAI scramble to deliver increasingly advanced AI models, the electricity needed to run their systems continues to grow. Electric power ranks...

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Extracted from this sentence

The company's new orders jumped 88% year over year in the second quarter of 2026 to $24.2 billion, with especially strong growth in its power and electrification segments.

Extracted by Autobound

From the Signal API record
Event
Revenue

What this signalsRevenue results often set the next budget cycle.

Amount named
$24.2B

More revenue signals at other companies

The full record

From the Signal API record

Numbers

Amount named in the story
$24.2B

Extraction

Confidence
90%
Detected
Sep 27, 2026
signal_type
news
signal_subtype
has_revenue

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The API returns more than this page shows

This page shows a preview. The full news record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/cb965a35-5118-31c8-408e-d445ddf72ef5 returns this record as JSON. POST /v1/companies/enrich returns every signal for gevernova.com.

{
  "signal_id": "cb965a35-5118-31c8-408e-d445ddf72ef5",
  "signal_type": "news",
  "signal_subtype": "has_revenue",
  "detected_at": "2026-09-27T09:22:31+00:00",
  "company": {
    "name": "GE Vernova",
    "domain": "gevernova.com"
  },
  "data": {
    "url": "https://www.theglobeandmail.com/investing/markets/markets-news/motley/4820605/anthropic-and-openai-are-both-racing-to-ipo-ge-vernova-wins-either-way/",
    "title": "Anthropic and OpenAI Are Both Racing to IPO. GE Vernova Wins Either Way. - The Globe and Mail",
    "excerpt": "Anthropic and OpenAI are consuming tremendous amounts of electricity. That's great news for GE Vernova, which makes turbines and other equipment used in producing electricity. GE Vernova's stock's lofty valuation is arguably justified by its booming business. Two of the hottest artificial intelligence (AI) companies on the planet plan to go public. Anthropic filed a confidential S-1 initial registration statement with the U.S. Securities and Exchange Commission (SEC) on June 1, 2026, and plans to conduct an initial public offering (IPO) in November. OpenAI filed its S-1 a week later than Anthropic and will likely hold its IPO next year. While investors eagerly await the debuts of these two prominent AI stocks, there's another stock they can buy right now that is directly benefiting from the success of both Anthropic and OpenAI. GE Vernova (NYSE: GEV) doesn't care which of these AI model leaders go public first -- it wins either way. Missed AI’s \"Act 1\"? Act 2 Could Be 15x Bigger. Most investors think they missed the AI boat because they didn't buy Nvidia in 2005. But according to our analysts, we’re only at the end of \"Act 1\" - the R&D phase. \"Act 2\" is the global rollout. Continue » Image source: The Motley Fool. As Anthropic and OpenAI scramble to deliver increasingly advanced AI models, the electricity needed to run their systems continues to grow. Electric power ranks...",
    "summary": "GE Vernova reported that new orders jumped 88% year over year in the second quarter of 2026 to $24.2 billion.",
    "planning": false,
    "image_url": "https://www.theglobeandmail.com/pf/resources/assets/meta/twitter-summary-240x240.png?d=963",
    "confidence": 0.9,
    "published_at": "2026-09-27T09:22:31Z",
    "article_sentence": "The company's new orders jumped 88% year over year in the second quarter of 2026 to $24.2 billion, with especially strong growth in its power and electrification segments.",
    "amount_normalized": 24200000000
  }
}

Long text fields are shortened on this page.

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