Bloom Energy (BE.US) surged before the market opened, reaching a $5 billion AI infrastructure collaboration with Bruker Corporation's field (BAM.US).
Bloom Energy announced a $5 billion strategic partnership with Brookfield Asset Management, officially becoming the preferred on-site power supplier for Brookfield's global artificial intelligence factory.
Bloom Energy (BE.US) announced a strategic partnership with Bruker Corporation Field Asset Management (BAM.US) worth $5 billion, officially becoming the preferred on-site power supplier for Bruker Corporation's global artificial intelligence factory. The two parties will collaborate to design and deliver artificial intelligence factories worldwide, including a site in Europe to be announced by the end of the year. Under the agreement, Bruker Corporation Field will invest up to $5 billion to deploy Bloom's advanced fuel cell technology to support its AI infrastructure deployment.
Sikander Rashid, Global Director of Artificial Intelligence Infrastructure at Bruker Corporation Field, stated: "Bloom's advanced fuel cell technology gives us a unique capability to design and build modern artificial intelligence factories in an innovative way to meet their high power requirements. As the world's largest investor in AI infrastructure, this collaboration adds a powerful new tool to our global growth strategy in markets with limited grid capacity."
This partnership is positioned by Bruker Corporation Field as the first investment in a dedicated AI infrastructure strategy, focusing on expanding large AI factories, power solutions, computing infrastructure, and strategic capital partnerships.
At the time of writing, Bloom Energy's stock price surged 24% in pre-market trading on Monday, reaching $108.50 per share.
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