OpenAI and SoftBank Group Corp. have collaborated to invest $1 billion in SB Energy, a company dedicated to building data centers to power artificial intelligence in the US. This partnership aims to support SB Energy’s growth as a data center developer and operator, with OpenAI selecting SB Energy to build and operate a 1.2 GW data center in Texas. The investment underscores the increasing demand for energy to fuel AI advancements in tech companies.
OpenAI and SoftBank have announced a joint investment of $1 billion in SB Energy, an infrastructure company focused on expanding data centers for artificial intelligence in the US. The collaboration involves each company contributing $500 million to support SB Energy’s development as a data center provider. SB Energy has been selected by OpenAI to construct and manage a significant 1.2 GW data center in Milam County, Texas. This substantial investment reflects the crucial role of energy supply in fulfilling ambitious AI objectives for major tech corporations.
