OpenAI and SoftBank invest $1 billion in SB Energy to power next-generation AI data centers
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OpenAI, SoftBank Invest $1 Billion in Stargate Partner SB Energy
The investment is part of OpenAI's Stargate initiative, a joint project to spend $500 billion on data centers and infrastructure for AI in the US over four years. OpenAI and SoftBank Group Corp. have jointly invested $1 billion in SB Energy, an infrastructure company that's working with the tech
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OpenAI, SoftBank invest $1 billion in SB Energy as Stargate buildout expands
Jan 9 (Reuters) - OpenAI and SoftBank Group (9984.T), opens new tab will jointly invest $1 billion in SB Energy, a SoftBank-owned provider of data-center and power infrastructure, as part of their $500 billion Stargate initiative aimed at building out AI infrastructure. OpenAI and SoftBank will
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OpenAI and SoftBank Group announce $1 billion investment in SB Energy as part of massive AI buildout
SoftBank CEO Masayoshi Son and OpenAI CEO Sam Altman attend an event to pitch AI for businesses in Tokyo, Japan Feb. 3, 2025. OpenAI and SoftBank Group announced plans to invest $1 billion in SB Energy as part of a strategic partnership that will support OpenAI's artificial intelligence
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SoftBank, OpenAI Commit $1 Billion To SB Energy For AI Data Centers - NVIDIA (NASDAQ:NVDA), SoftBank Group (OTC:SFTBF)
OpenAI and SoftBank Group (OTC:SFTBF) (OTC:SFTBY) are teaming up on a $1 billion investment in SB Energy to power the next generation of massive AI data centers in the United States, as part of the Stargate project. AI Data Centers Boom The partnership, announced on Friday, will see OpenAI and
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SoftBank and OpenAI invest $1 billion in SB Energy for AI data centers By Investing.com
Investing.com -- SoftBank Group Corp. and OpenAI have jointly invested $1 billion in SB Energy to support the infrastructure company's expansion as a data center developer and operator. The investment, announced Friday in a statement to Bloomberg, will be split equally with each company
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OpenAI and SoftBank invest $1bn in SB Energy to support the AI boom
OpenAI and SoftBank have announced a joint $1bn investment in SB Energy, aimed at accelerating the build-out of critical infrastructure for artificial intelligence. The strategic partnership, backed by the sweeping $500bn Stargate program unveiled in January at the White House, includes plans to
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OpenAI, SoftBank to Invest $1 Billion in SB Energy in New Partnership
SoftBank's company SB Energy is working with OpenAI to help develop its artificial-intelligence infrastructure platform Stargate. OpenAI and SoftBank are each investing $500 million into SB Energy as part of the partnership. The owner of ChatGPT also selected SB Energy to build and operate its
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OpenAI and SoftBank have jointly invested $1 billion in SB Energy, with each company contributing $500 million to accelerate AI infrastructure expansion. The strategic partnership is part of the Stargate project, which aims to spend $500 billion on data centers and infrastructure for AI in the US over four years.
OpenAI and SoftBank commit $1 billion investment to power AI infrastructure expansion
OpenAI and SoftBank have announced a $1 billion investment in SB Energy, marking a significant step in their ambitious plans to expand AI infrastructure across the United States
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. Each company will contribute $500 million to the infrastructure firm, which serves as both a data center developer and operator2
. This strategic partnership underscores the escalating demand for energy and computing power as tech giants race to build the infrastructure needed for powering artificial intelligence at scale.
Source: Reuters
The investment builds directly on the Stargate project, a massive initiative backed by President Donald Trump when announced in January 2025
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. The project aims to spend $500 billion on AI data centers and related infrastructure over four years, with partners including Oracle Corp, Abu Dhabi-based tech investor MGX, and now SB Energy2
. Greg Brockman, OpenAI's president, emphasized that partnering with SB Energy combines their strength in data center infrastructure and energy development with OpenAI's deep domain expertise in data center engineering3
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Source: Benzinga
SB Energy to build 1.2 gigawatt facility in Milam County, Texas
As part of the agreement, OpenAI has selected SB Energy to build and operate its 1.2 gigawatt data center site in Milam County, Texas, which was previously announced in September 2025
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. A single gigawatt generates enough power to supply roughly 750,000 US homes at any given moment, illustrating the massive scale of energy infrastructure required for next-generation AI data centers5
. The California-based clean energy and digital infrastructure platform is currently developing several multi-gigawatt data center campuses, with initial facilities expected to begin service in 20264
.OpenAI, Oracle, and SoftBank announced in September 2025 plans for five new US computing sites across Texas, New Mexico, and Ohio, with combined power capacity expected to reach approximately seven gigawatts once operational
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. The Stargate project's first site is a massive data center in Abilene, Texas, developed by Oracle and built alongside development partner Crusoe1
.Growing web of interconnected deals raises questions about AI sector sustainability
The tie-up adds to a growing web of interconnected deals between tech companies that are helping to prop up the AI sector, while raising concerns about possible fallout if demand for artificial intelligence falls short of expectations
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. SoftBank, led by CEO Masayoshi Son, is one of OpenAI's largest investors and completed a $40 billion investment in Sam Altman's company in December4
. To fund its commitment to OpenAI, SoftBank sold $5.8 billion worth of NVIDIA shares4
.SB Energy, which has long been backed by SoftBank and Ares Management, was founded as a renewable energy sources and storage developer but has expanded in recent years into developing, owning, and operating AI data centers
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. The new funding follows SB Energy securing $800 million last year from Ares Infrastructure Opportunities funds1
. Additionally, SB Energy will become a customer of OpenAI, using its application programming interfaces and deploying ChatGPT for employees2
.Related Stories
Energy infrastructure becomes critical battleground for tech giants
For large tech firms, securing power has become critical in their quest to satisfy ambitious AI goals, creating a race for energy to support more and larger AI data centers and driving up electricity demand across the industry
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. The need for power is leading some companies to invest in suppliers or plants, or line up their own energy sources. Meta Platforms announced on Friday that it has agreed to deals that could ultimately total more than 6 gigawatts of nuclear power1
. Rich Hossfeld, SB Energy's co-CEO, stated that the partnership accelerates the delivery of advanced AI data center campuses and associated energy infrastructure at the scale required to advance Stargate and secure America's AI future4
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