GE’s Breaking Up But Its Legacy Endures
Plus: The climate challenge for a Canadian bank and technology to make AI use less energy
Larry Culp.
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General Electric Co. began when Thomas Edison’s electric company merged with another electric company in 1892, but it evolved well beyond its lightbulb roots to sell everything from washing machines to credit cards to oil-well pumps. GE’s conglomerate model was historic in its sheer sprawl. It’s also historical: This week, the corporate giant completed the final step in its great rewind.