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Oracle and Bloom Energy Collaborate to Deliver Power to Data Centers at the Speed of AI

1. Bloom Energy secures deployment contract with Oracle Cloud Infrastructure for fuel cells. 2. The deal supports increased demand for OCI's AI and cloud services.

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FAQ

Why Bullish?

The partnership with Oracle is likely to boost revenue streams and market visibility for BE, similar to previous tech partnerships that have led to stock appreciation.

How important is it?

The contract enhances Bloom Energy's market share and growth potential in the rapidly expanding AI and cloud market.

Why Short Term?

The immediate increase in demand and deployment timeline suggests swift operational impacts and potential revenue recognition.

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ORCLPLUG
SAN JOSE, Calif.--(BUSINESS WIRE)--Bloom Energy (NYSE: BE), a global leader in power solutions, today announced that it will deploy its fuel cell technology at select Oracle Cloud Infrastructure (OCI) data centers in the U.S. To support the growing demand for OCI's AI and cloud computing services, Bloom Energy will deliver highly reliable and cost-efficient onsite power for an entire data center within 90 days. “We continue to see strong global demand for OCI services across our entire data cen.

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