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SB Energy gave OpenAI $5.5bn in warrants to sign a 20-year lease

This story is from 2026-08-31. It is preserved in the archive; the latest stories are on the live feed.

SB Energy has handed OpenAI warrants now worth about $5.5bn, and it did so to keep OpenAI as a tenant. The Wall Street Journal reported the arrangement on Monday. The direction matters and is easy to get backwards. SB Energy, the SoftBank-owned power and data centre developer, is the issuer, and Op…

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  1. 2026-08-31 08:19 · The Next Web
    SB Energy gave OpenAI $5.5bn in warrants to sign a 20-year lease

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