General Electric could not have chosen a better moment to launch its energy businesses as an independent company, CEO Scott Strazik said one month before GE Vernova debuted on the New York Stock Exchange. "Now that's a big statement," Strazik acknowledged at GE Vernova's first investors' day in March 2024. But he pointed to forecasts that electricity demand from artificial intelligence data centers would surge through the end of the decade. The CEO said Vernova was "purpose built" for the moment. Investors at that time were just starting understand the implications of AI for energy consumption. But Strazik's view may be more commonly held now, as Vernova's performance suggests. The stock has more than quadrupled in value since it started trading on April 2, 2024. It is the second best perf

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