Brookfield and Bloom Energy Expanded Their AI Power Partnership to $25 Billion. Here's What Investors Need to Know.
Brookfield is quintupling the size of its AI power partnership with Bloom Energy.
Overview
For the second time this year, one of Bloom Energy’s (NYSE:BE) strategic partners has significantly expanded its partnership less than a year after forming the initial collaboration. This time, it’s Brookfield Asset Management (NYSE:BAM). The global alternative asset manager is expanding its AI infrastructure partnership to $25 billion, a five-fold increase since forming the initial partnership last October. That follows Oracle’s (NYSE:ORCL) decision to significantly expand its strategic partnership after Bloom Energy delivered a fully operational fuel system to the cloud giant more than a month ahead of the anticipated deployment schedule.
Here’s what investors need to know about this expanded partnership.
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Originally published at www.fool.com.