OpenAI has reportedly been issued warrants valued at $5.5 billion in SB Energy, according to draft IPO documents reviewed by the Wall Street Journal.
SB Energy is a power infrastructure firm
Aug 31, 2026
01:02 pm
What's the storyUS tech giant OpenAI has been issued warrants worth an estimated $5.5 billion by SB Energy, a power infrastructure firm, the Wall Street Journal has reported.
The information comes from draft IPO documents reviewed by the publication.
OpenAI issued warrants worth $5.5 billion in SB Energy, WSJ reports
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Aug 31 : OpenAI was issued warrants worth an estimated $5.5 billion in power infrastructure firm SB Energy, the Wall Street…
OpenAI was issued warrants worth an estimated $5.5 billion in power infrastructure firm SB Energy, the Wall Street…
Draft IPO documents show SB Energy's warrant package grew from $3.6 billion at issuance in January to $5.5 billion by the end of…
The SoftBank-owned developer issued the warrants to secure OpenAI as anchor tenant of a ten-gigawatt Ohio campus. They have…
SB Energy offered OpenAI $5.5 billion in stock warrants to lock in long-term data center tenancy ahead of its planned IPO…
SB Energy’s agreement deepens its financial ties with the artificial-intelligence company in an effort to build out projects. |…
