Dossier
Vistra
Coverage of Vistra in the Nexus archive.
- Kuwait joins AI infrastructure race with $10B venture
Kuwait's sovereign wealth fund has launched a $10 billion AI infrastructure venture with KKR, Nvidia, and Vistra to build data centers, power plants, and networks for hyperscalers. The initiative, led by Adam Selipsky, aligns with Gulf states' broader investments in AI, including Saudi Arabia's HUMAIN, Qatar's Qai, and UAE-backed firms like G42.
- Constellation’s and Vistra’s stocks rally as power-grid operator speeds up data-center deals
Constellation and Vistra's stocks have increased due to PJM's admission of insufficient capacity to meet data-center demand, leading to accelerated data-center deals. The grid operator's limitation has driven the need for faster expansion. This development benefits companies like Constellation and Vistra.