Power equipment maker GE Vernova will buy France-based Alteia, which makes artificial intelligence-based tools that allow utility companies to review their grids, it said on Monday.

GE Vernova (NYSE: GEV) is experiencing significant momentum. Since it emerged as an independent energy entity in early 2024, its stock has soared nearly 68% year-to-date.

GE Vernova has announced the acquisition of French software company Alteia, which offers AI-driven visual intelligence to enhance electric grid management.

(Reuters) -Power equipment maker GE Vernova will buy France-based Alteia, which makes artificial intelligence-based tools that allow utility companies to review their grids, it said on Monday. GE ...

GE Vernova initiated at Buy at UBS, saying the wind turbine maker is positioned to benefit from a structural upcycle in power generation sparked by surging electricity demand.

GE Vernova agreed to acquire French software company Alteia, in an effort to bolster AI capabilities and give utilities data that provide situational intelligence and actionable insights.

GE Vernova Inc. GEV will release earnings results for the second quarter before the opening bell on Wednesday, July 23. Analysts expect the Cambridge, Massachusetts-based company to report ...

Energy company GE Vernova expands Pennsylvania operations with an $80 million investment, adding 250 jobs at its Charleroi facility for electric grid infrastructure.

By Kelly Cloonan GE Vernova has agreed to acquire Alteia SAS, a French software company specializing in artificial-intelligence computer vision and machine learning.

Nearly one year after a turbine blade failure scattered debris along the shores of Nantucket, GE Vernova has agreed to pay the town $10.5 million in compensation.

Nantucket and GE Vernova announced Friday they had reached a $10.5 million settlement to compensate the Massachusetts town for a blade break at Vineyard Wind last summer.