BE - Why Bloom Energy Stock Is Rallying Today | Benzinga
Bloom Energy Corp (NYSE:BE) shares are trading higher Wednesday after the company announced a strategic partnership with CoreWeave.
What To Know: After the market close on Tuesday, Bloom Energy announced 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, which is 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 have been selected by CoreWeave. This validation from CoreWeave, a leader in AI, is a testament to our leading-edge technology and its importance ...