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SB Energy Files for IPO with OpenAI Links

Data center firm backed by Softbank seeks public listing while tied closely to OpenAI.

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3 Sources, 29d ago, first seen 29d ago

TLDR

SB Energy filed for an IPO. The Softbank-backed AI data center company stated it is substantially dependent on OpenAI. Sources note Nvidia backs a related OpenAI data-centre project. The firm has not generated revenue from its data center business and none of its data centers are operational yet. Its IPO filing shows deep financial entanglement with OpenAI, including stock warrants. Reports also cite billions in losses for the company.

Combined views

44.7K

3 Sources, first seen 29d ago

30 likes15 comments3 saves5 reposts

Combined views

44.7K

3 Sources, first seen 29d ago

30 likes15 comments3 saves5 reposts

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3 Sources

@CNBCAI data center firm SB Energy, which is backed by Softbank, Nvidia and OpenAI, files for IPO https://www.cnbc.com/2026/09/01/sb-energy-ipo-softbank-open-ai-nvidia.html?taid=6a96f292ef34f60001875fa4&utm_campaign=trueanthem&utm_content=main&utm_medium=social&utm_source=twitter
@livemintSB Energy heads for IPO after Nvidia backs $105 billion OpenAI data-centre project https://www.livemint.com/market/ipo/sb-energy-heads-for-ipo-after-nvidia-backs-105-billion-openai-data-centre-project-11788283009834.html
@BusinessInsiderSB Energy's IPO filing reveals a deep financial entanglement with OpenAI, with up to $5.5 billion in stock warrants. https://bit.ly/4h5WdyM
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    3 Sources

    @CNBCAI data center firm SB Energy, which is backed by Softbank, Nvidia and OpenAI, files for IPO https://www.cnbc.com/2026/09/01/sb-energy-ipo-softbank-open-ai-nvidia.html?taid=6a96f292ef34f60001875fa4&utm_campaign=trueanthem&utm_content=main&utm_medium=social&utm_source=twitter
    @livemintSB Energy heads for IPO after Nvidia backs $105 billion OpenAI data-centre project https://www.livemint.com/market/ipo/sb-energy-heads-for-ipo-after-nvidia-backs-105-billion-openai-data-centre-project-11788283009834.html
    @BusinessInsiderSB Energy's IPO filing reveals a deep financial entanglement with OpenAI, with up to $5.5 billion in stock warrants. https://bit.ly/4h5WdyM
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