Topics

Topic

SoftBank

2 written stories · 8 tracked

Tech3 outlets

Nvidia investing $1.5B in SoftBank data center developer behind OpenAI project

Nvidia is committing $1.5 billion to SoftBank’s SB Energy to help build a new data-center campus in Ohio that will be leased by OpenAI. The project, backed by a 20-year agreement, is slated to deliver up to 10 gigawatts of capacity, with Nvidia also providing a financial backstop for part of the development’s value.

TechMeme·The Next Web·TechCrunch
Tech3 outlets

Why SoftBank’s new $40B loan points to a 2026 OpenAI IPO

SoftBank has secured a $40 billion bridge loan from JPMorgan Chase, Goldman Sachs and other banks. The loan is intended to fund further investment in OpenAI. It is scheduled to mature in 2027.

TechMeme·The Next Web·TechCrunch