AMSTERDAM - Nebius (NASDAQ:NBIS) announced Wednesday an agreement with Bloom Energy to deploy fuel cell technology for its AI infrastructure, with the first project expected to deliver 328 MW of installed capacity this year.
The fuel cells will provide behind-the-meter electricity for Nebius's AI cloud platform. This deployment replaces previously planned combustion-based technology at the company's first U.S. site.
Bloom's fuel cell systems generate electricity without combustion and can be commissioned on accelerated timelines, reducing dependence on new transmission infrastructure. The modular design allows for faster deployment compared to traditional power generation methods.
"Power remains a key constraint for AI infrastructure build-outs," said Andrey Korolenko, Chief Product and Infrastructure Officer at Nebius. "We chose Bloom because their fuel cells solve that directly: Clean power with virtually no pollutants is deployed onsite, on the timelines our customers need, with the availability AI workloads require."
The partnership supports Nebius's rapid expansion, with revenue growing 444% in the last twelve months.
