Siemens Energy in 'sweet spot' with regard to U.S. presence, chairperson says

DAVOS, Switzerland, Jan 22 (Reuters) - Siemens Energy is banking on a $500 billion private sector investment to fund infrastructure for artificial intelligence in the United States, its chairperson said on Wednesday, adding the power equipment maker was "in the sweet spot" with regard to its local presence.

Joe Kaeser, who chairs Siemens Energy's supervisory board, sees "massive tailwind" from President Donald Trump's recently announced power strategy, he said on the sidelines of the World Economic Forum (WEF) annual meeting in Davos, Switzerland.

Siemens Energy makes everything from gas and wind turbines to power network equipment and transmission technology.

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(Reporting by Divya Chowdhury and Christoph Steitz; editing by Matthias Williams)

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