Bloom Energy (New York Stock Exchange:BE) +11.9% after going public on Tuesday after saying it signed a partnership to deploy its fuel cells to generate power on-site for CoreWeave at a high-performance data center in Illinois.
The data center, owned by Chirisa technology Parks, will facilitate high-density deployments with advanced cooling systems, enabling CoreWeave to deliver efficient cloud solutions for artificial intelligence.
Bloom Energy, which said its fuel cells will be operational in the third quarter of 2025, said the partnership underscores its ability to meet the growing energy demands of the ai sector.
“This validation from ai-leading CoreWeave is a testament to our cutting-edge technology and its relevance to ai,” said Bloom Energy (BE) Chief Commercial Officer Aman Joshi.