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Wajeeh Khan

BE Stock Alert: Bloom Energy, Nebius Enter Into $2.6 Billion Agreement

Be Bloom Energy Nebius Bloom

Bloom Energy (BE) shares are extending gains on Wednesday after the company announced a $2.6 billion fuel cell capacity agreement with the neocloud provider Nebius Group (NBIS).

The 10-year deal requires BE to install, operate, and maintain its proprietary solid oxide fuel cell power systems for NBIS’s fast-growing artificial intelligence (AI) and cloud data center footprint.

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