GE Vernova’s AI data center orders double in first half of 2025

GE Vernova is quickly becoming the picks-and-shovels play of the AI boom, except the shovels weigh several tons and burn natural gas. The company’s electrification orders tied to AI data centers surpassed $5 billion in the first half of the year, more than doubling the total it booked across all of the prior year. In Q1 alone, data center equipment orders hit $2.4 billion, a figure that by itself exceeded what GE Vernova pulled in from the segment for the entirety of 2025. Total electrification orders for the quarter reached $7.1 billion, doubling year-over-year, while overall company orders landed at $18.3 billion, a 71% jump from the same period a year ago. The AI power problem, quantified Grid interconnection delays are pushing operators toward on-site power generation, which is where GE Vernova’s aeroderivative gas turbines come in. Crusoe Energy, a company focused on powering AI data centers, ordered 29 LM2500XPRESS aeroderivative gas turbine packages from GE Vernova. Those units provide close to 1 GW of generation capacity specifically for AI workloads. The orders were split across December 2024 (10 units) and mid-2025 (19 units), illustrating how quickly demand has scaled in...