
Vanguard Group boosts Talen Energy stake to 10.4% as AI demand grows
(Reuters) – U.S. asset management firm Vanguard Group increased its stake in independent power producer Talen Energy Corp to 10.4 percent, according to a filing on Wednesday. As Big Tech invests billions of dollars in AI technology, the demand for electricity to power energy-hungry data centers has also increased. The main beneficiaries of this demand…