Nancy Pelosi Makes Massive Bet On AI’s Energy Boom

Former House Speaker Nancy Pelosi’s family invested millions of dollars in an energy company positioned to profit from the artificial intelligence industry’s surging demand for electricity, according to a congressional financial disclosure. Pelosi’s husband, Paul Pelosi, purchased 15,000 shares of Bloom Energy and 200 call options through accounts he owns, according to a transaction report Nancy Pelosi signed Aug. 21, Barron’s reported. The San Jose, California-based company manufactures fuel-cell systems capable of supplying on-site electricity to data centers and other power-hungry facilities. The disclosure lists a July 24 purchase of 10,000 Bloom shares valued between $1 million and $5 million,...