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%.

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.

Bloom Energy stock rose 2% after announcing a $2.6B, ten-year fuel cell deal with AI infrastructure firm Nebius, covering up to 328MW of installed capacity.