Hyperscale and AI data center deals
Management says all major US hyperscalers and more than a dozen neoclouds, AI labs and colocation operators have approved Bloom's power solutions.
What it is
Bloom sells on-site fuel cell power to large AI data center operators, including hyperscalers, neoclouds, AI labs and colocation providers. Each large deal sets how many gigawatts Bloom will be asked to build over several years.
Why it matters to the stock. Data center orders are behind most of the recent jump in product revenue. Customer approvals are a leading signal for future orders, so they matter for the revenue outlook.
News
Bloom expands MiTAC relationship with islanded fuel cell microgrid in Fremont
Bloom will deploy fuel cell systems as an islanded microgrid at MiTAC's AI server manufacturing campus in Fremont, California.
Bloom's mid-2026 Data Center Power Report: 61% of developers plan to bring their own power
Bloom published its mid-2026 Data Center Power Report on June 15, 2026, based on a survey of 156 decision-makers taken in April 2026, about 79% of them US-based.
Nebius to deploy 328 MW of Bloom fuel cells at its first AI project
Nebius and Bloom announced on May 20, 2026 a partnership to deploy Bloom fuel cells for Nebius's AI infrastructure build-out.
Oracle expands Bloom deal to up to 2.8 GW, with 1.2 GW already contracted
Bloom and Oracle announced an expanded master services agreement under which Oracle intends to buy up to 2.8 gigawatts of Bloom fuel cell systems for its US data centers.
Bloom's 2026 Data Center Power Report sees one-third of data centers running fully on-site power by 2030
Bloom Energy published its 2026 Data Center Power Report on January 20, 2026, based on a survey of 152 data center decision-makers taken in November 2025.
AEP unit commits about $2.65 billion to Bloom fuel cells for a Wyoming site
American Electric Power disclosed in an 8-K dated January 8, 2026 that an unregulated subsidiary signed an unconditional purchase agreement on January 4 for a substantial portion of its option on Bloom's solid oxide fuel cells, for about $2.65 billion.