AI Data Center Power Demand Drives Growth for Vertiv and GE Vernova as OpenAI Faces Cash Shortfall

Power demand for artificial‑intelligence data centers is expected to explode, with McKinsey estimating more than $6 trillion of global investment needed by 2030. Companies that supply power and cooling equipment, such as Vertiv Holdings and GE Vernova, are positioned to benefit. Vertiv reported a 30% year‑over‑year revenue increase and raised its full‑year guidance, while its stock has risen over 100% this year. GE Vernova, which provides gas turbines for data‑center power, saw revenue grow 16% YoY and a 71% jump in its order backlog, supporting a surge in its share price.

At the same time, a financial analysis warns that OpenAI may run out of cash by mid‑2027. The company lost roughly $38.5 billion on $13.07 billion of revenue and faces infrastructure burn rates projected to reach $40 billion annually by 2028. Unlike legacy tech giants that can cross‑subsidize AI costs, OpenAI relies solely on subscription and API fees, leaving it vulnerable to a funding shortfall if investor capital dries up.