Bloom Energy expands AI power partnership

Bloom Energy said on April 13 that Oracle plans to procure up to 2.8 gigawatts of its fuel-cell systems for United States artificial intelligence and cloud data centers. (bloomenergy.com) The expanded master services agreement raises the ceiling on the partnership to 2.8 gigawatts, with an initial 1.2 gigawatts already under contract and now deploying across Oracle projects in the United States. Reuters reported the announcement on April 13. (bloomenergy.com; reuters.com) Fuel cells make electricity on site instead of waiting for a utility line, which is why Oracle and Bloom have framed them as a way to bring new data-center capacity online faster. When the companies announced their first deal on July 24, 2025, Bloom said it could power an entire Oracle data center within 90 days. (bloomenergy.com) The agreement lands as cloud companies are running into a basic constraint: enough electricity, delivered fast enough, for power-hungry artificial intelligence servers. Bloomberg reported that the initial 1.2 gigawatts are slated for Oracle projects in 2026 and 2027. (bloomberg.com; datacenterdynamics.com) Bloom’s systems are solid oxide fuel cells, which generate power electrochemically rather than by burning fuel in a turbine. Bloom says the units are modular, can be installed on site, and are designed to run on natural gas today and hydrogen over time. (bloomenergy.com) Oracle has been building out Oracle Cloud Infrastructure for large artificial intelligence training and inference workloads, and its executives have been talking publicly about gigawatt-scale campuses. In the July 2025 announcement, Oracle Cloud Infrastructure executive vice president Mahesh Thiagarajan said customers expected artificial intelligence workloads to run “at peak performance,” and Bloom’s power systems were part of that buildout. (bloomenergy.com) Investors treated the deal as evidence that power supply has become part of the artificial intelligence trade. Bloom shares jumped in after-hours trading on April 13, and CNBC reported Oracle had received a warrant on April 9 to buy nearly $400 million of Bloom stock under terms first disclosed in October 2025. (cnbc.com; bloomenergy.com) Bloom is not pitching this only to Oracle. In its 2025 annual report, Bloom said American Electric Power was expected to procure up to 1 gigawatt of its solid oxide fuel cells under a November 2024 supply agreement aimed at high-demand commercial uses including artificial intelligence data centers. (sec.gov) The immediate test is execution: Bloom says the first 1.2 gigawatts are already being deployed, and the rest of the 2.8-gigawatt target depends on how fast Oracle keeps building artificial intelligence capacity in the United States. (bloomenergy.com; reuters.com)