• Bloom Energy ($BE) to Deploy Proprietary Fuel Cell Technology to Power A.I. Data Center

  • Jul 17 2024
  • Length: 2 mins
  • Podcast

Bloom Energy ($BE) to Deploy Proprietary Fuel Cell Technology to Power A.I. Data Center  By  cover art

Bloom Energy ($BE) to Deploy Proprietary Fuel Cell Technology to Power A.I. Data Center

  • Summary

  • Bloom Energy (NYSE: BE), a leading innovator in solid oxide fuel cell technology, has announced a strategic partnership with CoreWeave. This collaboration highlights Bloom's capability to address the increasing energy needs of the rapidly expanding AI sector.

    Bloom will install its proprietary fuel cells to provide on-site power for CoreWeave at a high-performance data center in Illinois. This state-of-the-art data center is designed for high-density deployments and features advanced cooling systems, enabling CoreWeave to deliver high-performance and efficient cloud solutions for AI.

    Bloom’s fuel cells are scheduled to be operational by Q3 2025. With its solid oxide fuel cells already deployed at customer sites worldwide, Bloom is well-positioned to support the energy demands of the AI industry globally.

    Brian Venturo, CoreWeave’s Chief Strategy Officer stated: “We’re proud to partner with Bloom Energy and utilize their industry-leading solid oxide fuel cell technology. This partnership will allow us to deliver unmatched performance and reliability to our customers while advancing our sustainability objectives.”

    Bloom Energy's leading solid oxide platform for distributed generation of electricity is changing the future of energy.

    Shares of Bloom Energy trade on the NYSE under the ticker symbol BE.


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