GE Vernova CEO says he's talking with OpenAI's Sam Altman as power remains critical for AI growth

In this article

GE Vernova

CEO Scott Strazik said he has had conversations with OpenAI CEO Sam Altman multiple times over the past few weeks as power scarcity remains a challenge and opportunity for hypescalers.

“I met with Sam multiple times over the past few weeks. It is a relationship that continues to evolve,” Strazik told CNBC in a phone interview Wednesday, following the release of the company’s third-quarter results. “I’ve been with his team over the last 72 hours. Clearly, OpenAI is a critical piece of this growth trajectory with a lot of ambition.”

Strazik said the talks have focused on OpenAI’s power needs, “both with power generation and the electrical equipment required to do it.”