SoftBank-Backed SB Energy Files for IPO with Massive Data Center Capacity

SB Energy has filed for an IPO, reporting a $439 billion contract backlog and 8.8GW in data center capacity. OpenAI is a primary client, having invested $500 million with $5.5 billion in warrants. Nvidia has committed to a $1.5 billion investment at the IPO price and is providing a $105 billion guarantee for OpenAI's 4.25GW Ohio facility lease.