Bloom Energy to Supply 2.8 GW of Fuel Cells to Oracle in Expanded Deal
Bloom Energy (BE) has agreed to supply Oracle with up to 2.8 gigawatts of fuel cell capacity under an expanded deal, driven by rising power demand from artificial intelligence. The initial 1.2 GW deployment is set to begin this year, with Bloom Energy's shares rising 12.6% following the announcement.
Tickers: $ORCL
Topics: AI demand Bloom Energy contract expansion fuel cells Oracle