WSJ Tech News Briefing · Monday, August 31, 2026
Softbank's datacenter venture, SB Energy, issued warrants to OpenAI valued at an estimated $5.5 billion as an incentive to secure them as a datacenter tenant before its IPO. This information was revealed in draft IPO documents. SB Energy is preparing to file its IPO publicly as soon as this week.
“Softbank's datacenter venture, SB Energy, issued OpenAI warrants worth an estimated $5.5 billion as a perk to land it as a datacenter tenant ahead of its IPO.”
“That's according to draft IPO documents reviewed exclusively by the Journal.”
“SB Energy is expected to make its IPO filing public as soon as this week.”