💨 Abstract

Vanguard Group, a U.S. asset management firm, has increased its stake in Talen Energy Corp to 10.4%. The increase comes as Big Tech's investments in AI technology have grown the demand for electricity to power data centers, benefiting utilities like Talen Energy. Shares of Talen Energy have risen over threefold in 2024.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖