OpenAI and SoftBank Group Partner with SB Energy to Build and Operate Next-Generation AI Data Centers to Advance Stargate [Yahoo! Finance]
SOFTBANK GRP UNSP/ADR (SFTBY)
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Source: Yahoo! Finance
OpenAI signs 1.2 GW data center lease for initial data center buildout SB Energy will become a major customer of OpenAI, leveraging its APIs and deploying ChatGPT for its employees SB Energy previously secured $800 million of redeemable preferred equity from Ares to further support the company's growth REDWOOD CITY, Calif. Jan. 9, 2026 /PRNewswire/ -- SB Energy , a SoftBank Group company, announced today a strategic partnership with OpenAI as part of Stargate , marking a significant step forward in the build out of next-generation artificial intelligence (AI) and energy infrastructure in the United States. The investment builds on the $500 billion Stargate commitment announced in January at the White House. To support the partnership and as demand for AI compute accelerates, OpenAI and SoftBank Group are each investing $500 million into SB Energy. OpenAI has also selected SB Energy to build and operate its previously-announced 1.2 GW data center site in Milam County. The equi
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