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Bloom Energy rises 2% after partnering with European AI infrastructure upstart in $2.6 billion deal
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- Bloom Energy's shares were higher before the opening bell after it unveiled a partnership with Europe's Nebius, an AI cloud provider seeking to overcome power constraints in the AI infrastructure buildout.
- Nebius said Wednesday that it would deploy Bloom's fuel-cell technology to generate electricity faster and more quickly at its data centers in Europe.
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Bloom Energy's shares were higher before the opening bell after it unveiled a partnership with Europe's Nebius, an AI cloud provider seeking to overcome power constraints in the AI infrastructure buildout.
Nebius said Wednesday that it would deploy Bloom's fuel-cell technology to generate electricity faster and more quickly at its data centers in Europe. Nebius will pay Bloom up to $2.6 billion in service fees during the life of the agreement, subject to conditions, the company said in a SEC filing.
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