GoKawiilSB Energy Files for IPO, Cites Heavy Reliance on OpenAI
SB Energy, a data center infrastructure company backed by SoftBank, Nvidia and OpenAI, has filed for an initial public offering with the SEC. The filing discloses net losses of about $3.2 billion for the first half of 2026 against roughly $139 million in revenue, mostly from its legacy energy business, while none of its planned AI data centers are yet operational.