FT: SoftBank-backed SB Energy slows $50B IPO as investors question $178B AI datacenter bet on OpenAI
rohanpaul_ai · x · 2026-09-22
Per the Financial Times, SoftBank majority-owned SB Energy has slowed its planned IPO at roughly $50B as investors question its capital-heavy AI datacenter buildout: 8.8GW contracted or under construction, $178B capex mostly debt-funded, no operating capacity yet, and substantial dependence on OpenAI leases. Nvidia's $105B guarantee covers only specified PORTS-Pike obligations and is conditional.
Related event: SoftBank's SB Energy Shelving $50 Billion IPO as Data Center Hype Cools(4 posts)→
More from Venture
- Sixth Street CEO: ~$200B of Chips Sitting in Warehouses as Data Centers Lag Behind — SumitGup · 2026-11-12
- Perplexity demo shows an investment teammate using M Science alt data to track Celsius sales trends — inductionheads · 2026-11-12
- Hackathon project lets AI agents spend company money, but only within CFO-approved limits — kleffew94 · 2026-11-12
- Just 1% of companies drive 80% of OpenAI and Anthropic's revenue, says Ramp economist — rohanpaul_ai · 2026-11-12
- Stripe exec invites internet businesses to onboard AI agents with identity, payments and fraud tools — jeff_weinstein · 2026-11-12
- H100 rental rates run 54% above straight-line depreciation, a16z finds — a16z · 2026-11-12