BE · 10-Q · 2026Q1 · Full report

AI data center partnerships

Bloom Energy Corp · 2026-04-29 · Importance 44 · Surprise 42

Bloom has formed strategic partnerships to target the AI data center market, including a partnership with Oracle to provide on‑site solid state power and issuance of a warrant to Oracle for up to 3,531,073 shares. Management cites the Oracle relationship and other strategic partnerships as central to pursuing on-site power demand from AI and hyperscale customers. The company views AI data centers as a growth market but couples partnership terms (warrant exercise and anti-dilution provisions) with short exercise windows. Bloom executed the previously disclosed strategic warrant on April 9, 2026.