---
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id: "87016e7256d338c33d278013d1fb9d85ce805cbd42feb9565da9363c7297a10d"
canonical_url: "https://aidr.today/87016e72?lang=en"
title: "SB Energy Awards OpenAI $5.5B in Warrants to Secure Tenant for $7B IPO"
lang: "en"
requested_lang: "en"
available_langs: ["en","vi"]
translation_fallback: null
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published_at: "2026-08-31T05:38:24.000Z"
category: "Funding"
topics: ["openai","funding","infra","nvidia"]
source_urls: ["https://huggingnews.com/ai/sb-energy-awards-openai-55b-in-warrants-to-secure-tenant-for-7b-ipo-b9c0f3b3","https://x.com/anissagardizy8/status/2094273553466105963","https://x.com/WSJ/status/2094273593827848675","https://x.com/anissagardizy8/status/2094282742968340942","https://x.com/Techmeme/status/2094286743969435767","https://x.com/FirstSquawk/status/2094278039123509405"]
summary: "SoftBank's data center arm provided a major equity incentive to the AI developer to ensure its occupancy in upcoming facilities. SB Energy issued warrants valued at an estimated $5.5 billion to OpenAI to land the firm as a tenant. The company plans to file for an initial public offering as soon as this week, targeting a raise of $5 billion to $7 billion. The subsidiary currently operates no data centers and produces no revenue, though it carries a $400 billion contracted backlog. All of its data center tenants are investors, including Nvidia, and the agreement with OpenAI deepens financial ties to support the build-out of projects."
---

# SB Energy Awards OpenAI $5\.5B in Warrants to Secure Tenant for $7B IPO

> [Open the canonical story](<https://aidr.today/87016e72?lang=en>)

**Published:** 2026-08-31T05:38:24.000Z
**Category:** Funding
**Topics:** openai, funding, infra, nvidia

## Summary

SoftBank's data center arm provided a major equity incentive to the AI developer to ensure its occupancy in upcoming facilities\. SB Energy issued warrants valued at an estimated $5\.5 billion to OpenAI to land the firm as a tenant\. The company plans to file for an initial public offering as soon as this week, targeting a raise of $5 billion to $7 billion\. The subsidiary currently operates no data centers and produces no revenue, though it carries a $400 billion contracted backlog\. All of its data center tenants are investors, including Nvidia, and the agreement with OpenAI deepens financial ties to support the build\-out of projects\.

## Sources

- [Story source](<https://huggingnews.com/ai/sb-energy-awards-openai-55b-in-warrants-to-secure-tenant-for-7b-ipo-b9c0f3b3>)
- [Story source](<https://x.com/anissagardizy8/status/2094273553466105963>)
- [Supporting source](<https://x.com/WSJ/status/2094273593827848675>)
- [Supporting source](<https://x.com/anissagardizy8/status/2094282742968340942>)
- [Supporting source](<https://x.com/Techmeme/status/2094286743969435767>)
- [Supporting source](<https://x.com/FirstSquawk/status/2094278039123509405>)