#SB Energy
4 stories taggedSB Energy.
SB Energy files for IPO with a $3.2 billion loss and one giant customer
The AI data centre builder backed by SoftBank and its partners OpenAI and Nvidia is heading to the stock market while carrying heavy losses and a frank admission: its near-term future depends almost entirely on OpenAI.
NVIDIA Will Back a $600 Billion AI Computing Deal with OpenAI Anchored by a 20-Year Ohio Campus
The chipmaker is guaranteeing portions of lease and power costs at a giant data centre site in Portsmouth, Ohio, where OpenAI will run what NVIDIA says could eventually hold 1.5 million of its processors per generation.
Nvidia puts $1.5 billion into the data center company behind OpenAI's giant Ohio facility
The chip maker will also extend up to $105 billion in credit to help build a site that could eventually draw as much power as a small city.
SoftBank Gave Trump's Library $50 Million. Two Months Later, It Got a Huge Federal Land Deal.
The Japanese tech giant confirmed the timeline to US senators, raising fresh questions about whether big donations to a sitting president's library can buy government favours.