OpenAI expands Oracle data center deal
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Oracle Cloud Infrastructure plans to deploy Bloom Energy fuel cells at several data centers in the US. Bloom said that it will deliver onsite power "for an entire data center within 90 days."
Bloom Energy said it will deploy its fuel cell technology at select Oracle Cloud Infrastructure data centers in the US.
Shares of Bloom Energy surged after the company said it would power Oracle artificial-intelligence data centers. The stock was up 24% earlier in the session to reach its 52-week high of $33.33. Shares have now more than doubled over the past 12 months.