Nebius Group partners with Bloom Energy to deploy 328 MW of solid oxide fuel cells at AI data centers in a deal worth up to $2.6B, sending NBIS stock up 17%.

NBIS stock dips as Google-Blackstone AI venture sparks new competition concerns. Get the full Nebius market outlook.

Nebius said Wednesday that it would deploy Bloom's fuel-cell technology to generate electricity faster and more quickly at its data centers in Europe.