SB Energy files for IPO with OpenAI and Nvidia as key backers
rohanpaul_ai · x · 2026-09-01
SoftBank-backed SB Energy filed for an IPO with a contracted backlog of 8.8GW data-center capacity valued at $439B. OpenAI is the main customer, having invested $500M and received warrants worth $5.5B, alongside signing leases for a major share of near-term revenue. Nvidia is also participating, committing $1.5B at the IPO price and providing guarantees capped at $105B for 4.25GW of OpenAI leases in Ohio. These guarantees phase in as facilities are completed, offering financing support before revenue generation.
Related event: SoftBank-backed SB Energy Files for IPO with OpenAI as Key Customer(2 posts)→
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