Bloom Energy Expands Partnership with Oracle Amid Rising Data Center Power Demand
Bloom Energy (BE) has expanded its partnership with Oracle (ORCL) to supply 2.8 GW of fuel cell systems for data centers, driven by rising power demands from AI and cloud computing. The partnership has led to a 20% surge in Bloom Energy's stock price. The U.S. data center power demand is projected to reach 134.4 GW by 2030.
Tickers: $ORCL
Topics: AI Data Centers Energy Demand Fuel Cells Partnerships