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Bloom Energy Powers AI’s Surge | Business and Finance News
Description
Bloom Energy is powering the AI boom with on-site hydrogen fuel cells, slashing grid dependency and accelerating data center builds—backlog surged to $6 billion, with $14 billion from service contracts acting like a revenue annuity, even as the company remains unprofitable but stock rockets over 1000%—a high-flying play investors should watch from the sidelines until AI demand stabilizes.
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