California may have an anti-data center movement, but high energy prices were already blocking development.

Data center demand, both current and anticipated, has driven up operating costs for utility companies. That cost has been passed on to consumers, especially in areas with high data center activity.  The 267% figure that Sen.

The race to power AI is increasingly a race to secure megawatts, and a CNBC segment by Seema Mody put a sharp spotlight on the company sitting at the chokepoint: GE Vernova (NYSE:GEV | GEV Price Prediction).

"If you live near one of these large data centers, your electricity bills over the last five years have gone up by as much as 267%," said U.S. Sen. Elizabeth Warren.

This exciting new plan brings more people, resources, and technology to the process to make it work more efficiently for the developer community, city staff, and all our citizens,” said

Despite being pre-revenue, AIRJ’s de-risking progress and commercialization milestones, especially in data centers, support a constructive re-rating outlook. Liquidity is bolstered by a recent $15M equity raise,

AI might be awesome in the future. Right now, it's making things more expensive.