Key Points 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. 10 stocks we like better than GE Vernova › 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.
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