Japanese multinational conglomerate and major technology investor; backed SB Energy.
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“SB Energy's IPO filing cuts against that: it is "substantially dependent" on OpenAI, has no operational data centers, has yet to generate data-center revenue, and "lost roughly $3.2 billion in the first half of 2026."”
Source→“SB Energy filed for IPO despite being substantially dependent on OpenAI, with no operational data centers, no data-center revenue, and roughly $3.2 billion lost in the first half of 2026”
Source→AI-extracted from podcast / newsletter / paper summaries. May contain errors.