The Latest Breaking News from SB Energy

AI debutant’s flameout stokes fears boom is ending

Elice, a data center and AI developer, faced a significant decline in its stock price during its debut. This situation exemplifies a broader trend where investors are increasingly skeptical about AI valuations and prospects. Several companies, including CoreWeave and Firmus Grid, have also encountered investor pushback regarding their financial outlooks.…

The Economic Times · 15h ago

Oracle share price: ORCL stock jumps at NYSE, what is making it one of top turnover stocks in Software & IT Services sector

Oracle stock: Oracle's move to protect itself against potential delays at a massive data center project developed by Blue Owl in New Mexico sent a chill through the trillion-dollar market for AI infrastructure financing.

The Economic Times · Sep 29

Global Market: DayOne pushes ahead with potential November IPO amid data center scrutiny

Data center operator DayOne is preparing for a potential US IPO in November, targeting a valuation near $20 billion. The company plans to file with the SEC in October amid heightened investor scrutiny of AI infrastructure, financing costs, customer concentration, secured power capacity and contracted revenues as IPO markets become…

The Economic Times · Sep 28

Global Market: SB Energy to sell up to $500 million worth of shares to Japanese investors ahead of US IPO

SB Energy, backed by SoftBank, plans to raise up to $500 million from Japanese investors through a share sale as it prepares for a US listing. The data centre developer is also attracting major AI players, including Nvidia and OpenAI, amid surging infrastructure demand.

The Economic Times · Sep 15

SoftBank's SB Energy Files for IPO, But OpenAI Dependence Emerges as Major Risk

In an S-1 registration statement filed with the Securities and Exchange Commission, SB Energy said it is "substantially dependent" on OpenAI, which serves as both a major tenant and an equity investor in the company.

International Business Times · Sep 2

Hope and concern swirl for Ohioans around ‘world’s largest datacenter’

Piketon datacenter promises to generate thousands of jobs, but environmental groups voice concern over project

The Guardian - US · Aug 26

The GOP Is Warning AI Companies Over Data Center Backlash. The Ohio Senate Race Could Be A Test.

A private memo from the Senate Republican campaign arm warns that opposition to data centers is hurting Sen. Jon Husted in Ohio and could make politicians elsewhere more reluctant to support new AI infrastructure projects.

International Business Times · Aug 19

OpenAI data center deal with Nvidia comes in $145 billion lower than reported—signaling concerns of artificial demand for chips

Circular financing concerns revolve around the chip-maker's investment into OpenAI's data center lease.

Fortune · Aug 18

Why Nvidia Is Teaming With OpenAI on a Massive Ohio Data Center — ‘Now Is The Time To Scale The AI Infrastructure That Will Power The Next Industrial Revolution’

Nvidia CEO Jensen Huang teams up with OpenAI, SoftBank, and SB Energy to power a massive Ohio data center. Here's what investors need to know.

Barchart · Aug 17

Nvidia to provide up to $105 billion guarantee for OpenAI's Ohio data centre

The new deal is the latest example of Nvidia financing the infrastructure built around its chips, a strategy that helps drive demand but has also raised questions about circular funding flows between the ‌chip giant and its ⁠customers. Huang said the new deal was not circular financing and that Nvidia…

The Economic Times · Aug 17