financetom
Business
financetom
/
Business
/
GE Vernova, Amazon Web Services Collaborate on Data Center Scaling, Grid Security
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
GE Vernova, Amazon Web Services Collaborate on Data Center Scaling, Grid Security
Mar 4, 2025 9:04 AM

11:35 AM EST, 03/04/2025 (MT Newswires) -- GE Vernova ( GEV ) said Tuesday it is collaborating with Amazon's ( AMZN ) Amazon Web Services to support the latter's data center growth and to enhance grid security, and advance energy decarbonization.

Financial details weren't disclosed.

Through this collaboration, GE Vernova ( GEV ) will support Amazon Web Services in electrifying and decarbonizing data centers across North America, Europe, and Asia by providing substation solutions, expanding renewable energy projects, and offering power generation equipment and services, the company said, adding that the partnership will also focus on energy transition innovation, research, project development, and financing.

As part of the collaboration, Amazon Web Services will support GE Vernova's ( GEV ) cloud migration and digital innovation, including generative AI, while continuing to work with its Electrification Software business to enhance cloud-based solutions for the electric grid, power generation, and manufacturing industries, the company said.

Price: 297.64, Change: -18.34, Percent Change: -5.80

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Cipher Mining Shares Continue To Climb: What's Going On With Bitcoin Mining Stocks Wednesday?
Cipher Mining Shares Continue To Climb: What's Going On With Bitcoin Mining Stocks Wednesday?
Sep 25, 2024
Several Bitcoin (CRYPTO: BTC) mining stocks are in the spotlight Wednesday amid positive analyst coverage and an uptick across the broader cryptocurrency market. What To Know: Cipher Mining Inc ( CIFR ) shares are leading the way Wednesday, up approximately 12% at last check, per Benzinga Pro. The stock closed Tuesday up 15.1% after the company announced the closing of...
American Eagle Outfitters sues Amazon for infringing 'Aerie' trademarks
American Eagle Outfitters sues Amazon for infringing 'Aerie' trademarks
Sep 25, 2024
NEW YORK (Reuters) - American Eagle Outfitters ( AEO ) sued Amazon.com ( AMZN ) on Wednesday, accusing it of infringing the clothing and accessories retailer's Aerie and Offline by Aerie trademarks in sponsored advertisements and search responses. In a complaint filed in Manhattan federal court, American Eagle said Amazon ( AMZN ) intentionally used the Aerie marks without permission...
AAR Subsidiary Extends Services Agreement With Singapore Airlines
AAR Subsidiary Extends Services Agreement With Singapore Airlines
Sep 25, 2024
05:50 PM EDT, 09/25/2024 (MT Newswires) -- AAR (AIR) said late Wednesday that its subsidiary Airinmar, a provider of repair cycle management services, signed an extension with Singapore Airlines. The extension includes repair orders, quotes, and turnaround time management. Airinmar will continue optimizing the airlines' repair order status management and consolidate repair quotations, according to AAR. The company did not...
US Senate votes to hold Steward Health CEO in criminal contempt
US Senate votes to hold Steward Health CEO in criminal contempt
Sep 25, 2024
(Reuters) - The U.S. Senate voted to hold Steward Health Care CEO Ralph de la Torre in criminal contempt of Congress on Wednesday, after the executive refused to testify about cost-cutting decisions at the company's 31 hospitals before it filed for bankruptcy. The unanimous vote came after de la Torre declined to attend a Sept. 12 hearing before the Senate...
Copyright 2023-2026 - www.financetom.com All Rights Reserved