Bloom Energy Climbs as Oracle Expands AI-Cloud Infrastructure Pact

Bloom Energy shares moved higher in after-hours trading after the company announced an expanded strategic partnership with Oracle to support its AI and cloud infrastructure, with Oracle planning to procure up to 2.8 gigawatts of Bloom’s fuel-cell systems under a master services agreement (an initial 1.2 GW already contracted); deployment is underway and expected to continue into next year, with Bloom’s Aman Joshi calling the expanded relationship a step toward a shared vision for energy and AI infrastructure. BE was up about 9.7% after hours to around $193.93.