- Tariffs are benefiting undervalued AI stocks, and Aaron Hoover was appointed to lead business and corporate development.
- Oracle and Bloom Energy announced a partnership to provide power for AI data centers amid tariffs and onshoring trends.
- Bloom Energy secured a deal with Oracle, leading investors to favor Bloom over Plug Power.
A data center project utilizing Bloom Energy technology is underway with Oracle, supported by critical manufacturing partner MTAR, though facing regulatory delays.
2 reports, 2 independent
Updated Aug 19
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AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
A data center project utilizing Bloom Energy technology is underway with Oracle, supported by critical manufacturing partner MTAR, though facing regulatory delays.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Bloom Energy
Bloom Energy is the company that develops, builds, and installs Bloom Energy Servers.
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Oracle
company in Madrid, Spain
Related events
- A massive data center project in New Mexico, backed by Blue Owl Capital, is utilizing Bloom Energy fuel cells for power and plans to sell computing capacity to OpenAI via Oracle.
- Brookfield Asset Management plans to invest in Bloom Energy technology, while AEP and Oracle secure agreements regarding fuel cell capacity.
- Oracle is procuring up to 2.8 gigawatts of Bloom's fuel-cell systems, driven by the broader demand for AI power.
- Oracle experienced a power delay at its data center located in New Mexico.
- Meta and Oracle are developing data center energy solutions in New Mexico, including gas supply agreements and solar projects, while regulators reject a pipeline.