Bloom Energy says onsite power fulfills pledge
Bloom Energy fuel cells are used by signatories like Oracle and CoreWeave to provide onsite power for data centers.
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Provider of scalable onsite fuel cell power
bloomenergy.comLast updated
In short: Bloom Energy reported record growth and expanded multi-billion dollar partnerships to provide onsite fuel cell power for AI data centers.
Bloom Energy fuel cells are used by signatories like Oracle and CoreWeave to provide onsite power for data centers.
Revenue reached $1.065 billion, a 166% year-over-year increase, with full-year guidance raised to $3.9-4.2 billion.
The project deploys Bloom fuel cells for Nebius' AI cloud, with partners IDF, Oaktree, Morgan Stanley, and MUFG.
The fivefold increase will help finance rapid power for AI infrastructure using Bloom's fuel cells.
Detailed price information for Bloom Energy Corp Cl A (BE-N) from The Globe and Mail including charting and trades.
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