BE - Bloom Energy Stock Booms On AI Data Center Deal: What You Need To Know | Benzinga
Bloom Energy Corp (NYSE:BE) shares are rising in extended trading Tuesday after the company announced a strategic partnership with CoreWeave.
What Happened: Bloom Energy said it entered into a partnership to deploy its proprietary fuel cells to generate on-site power for CoreWeave at a high-performance data center in Illinois.
The data center, owned by Chirisa Technology Parks, will facilitate high-density deployments with advanced cooling systems, allowing CoreWeave to offer efficient cloud solutions for AI. Bloom Energy noted that the partnership underscores its ability to meet the rising energy demands of the AI sector.
“Bloom Energy is thrilled to ...