- SB Energy, the SoftBank Group data center unit building facilities for OpenAI, has filed a revised registration for its planned IPO that still lacks a date or price.
- US media reports suggest the listing may be postponed because of skepticism over the $50bn valuation target.
- The delayed debut highlights valuation discipline in the AI data center buildout financing pipeline.
Quotes
“SB Energy, a data center-focused unit of Japan's SoftBank Group, has submitted a revised registration for a planned initial public offering that still lacks a date or price, and U.S. media reports suggest it may postpone its debut.”