Bloom Energy Deal Puts Fuel Cells in NTT DATA Data Centers
· 4 sources
NTT DATA plans to deploy 900 MW of Bloom Energy fuel-cell power across global data center projects, with shipments starting in 2027, Stock Titan reports.
What happened
Stock Titan reports that Bloom Energy has reached a deal under which its fuel cells are set to supply NTT data center projects around the world. The agreement links the fuel-cell maker to the growing demand for power from artificial intelligence infrastructure.
According to Stock Titan, NTT DATA plans to deploy 900 MW of Bloom fuel-cell power across its global data center projects, with initial shipments starting in 2027. Yahoo Finance described AI as an unexpected customer for the company.
Investing.com and StreetInsider also covered Bloom Energy shares during the day. StreetInsider linked a slide in the stock to an exit by the Nvidia CEO weighing on AI sentiment, while Investing.com asked why the shares were sliding.
Context
Fuel cells generate electricity on site through an electrochemical process, which makes them one option for powering data centers that need reliable electricity.
Why it matters
The agreement shows how AI-driven data center growth is creating demand for on-site power suppliers such as Bloom Energy, while broader AI sentiment may also influence how its shares trade.
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