New Filings Reveal the Relationship Between OpenAI and SB Energy.

businessinsider.jp

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A prospectus filed by data center developer SB Energy for its initial public offering (IPO) has revealed an unusually close relationship between the company and OpenAI. OpenAI holds stock options in SB Energy that could potentially be worth up to $5.5 billion (approximately 880 billion yen). This is another symbolic case illustrating the "circular trading" (reciprocal investment) between customers and investors that is rampant behind the explosi…

Cryptoast

Factuality

Ownership

SB Energy, the subsidiary of SoftBank, which builds the energy infrastructure of IA data centers, has filed its IPO in the United States. With OpenAI and Nvidia, the operation could raise between $5 billion and $7 billion for a targeted valuation beyond $50 billion. Is it possible to position itself on the SB Energy action from France? The SB Energy article aims at one of the largest IPOs in AI: should we be interested in it? appeared first on C…