Mentioned:
Nebius and Bloom Energy are partnering up on powering data centres in America. But, why?
What’s happening:
- Nebius (NASDAQ: NBIS) and Bloom Energy (NYSE: BE) have stuck a new deal to use Bloom Energy’s solid oxide fuel cell systems at Nebius’ data centres located in the United States
Why it matters:
- This is the first time ever Nebius and Bloom Energy have ever partnered together to provide power at Nebius’ data centres
Going deeper:
- Nebius has publicly stated that they expect their first project with Bloom Energy with 328 megawatts of installed capacity to be fully operational this year which would eliminate the need for any gas turbines to be located on site
- Nebius recently made major waves when they struck a new deal with Meta (NASDAQ: META) that is worth up to $27B USD for hosting high performance computing and artificial intelligence workloads
The intrigue:
- Bloom Energy has also been cutting a flurry of new deals for their solid oxide fuel cell systems, including a 2.8 gigawatt deal with Oracle (NYSE: ORCL) to power Oracle’s data centres in the United States
