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SoftBank-Backed AI Power Firm Files for IPO

NEW YORK - SB Energy, a U.S. power infrastructure company for artificial intelligence backed by SoftBank Group, said on September 1 that it has filed for an initial public offering on the Nasdaq stock market with the U.S. Securities and Exchange Commission.

According to the filing, SB Energy recorded revenue of $139 million for the six months from January through June 2026, while posting a net loss of $3.2 billion.

The company plans to use funds raised through the IPO to accelerate its data center construction business.

Source: テレ東BIZ

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Typhoon No. 30, a large and very powerful storm, was located approximately 60 kilometers north-northwest of Yonaguni Island in Okinawa at 9 p.m. on October 23, moving west-northwest at 20 kilometers per hour with a central atmospheric pressure of 945 hectopascals, maximum sustained winds of 45 meters per second and gusts reaching 60 meters per second, as forecasters warned that its slowing movement could bring prolonged violent winds, torrential rain and waves exceeding 8 meters to the Sakishima Islands while raising the risk of record-breaking October rainfall across western Japan.

Typhoon No. 30 continued to disrupt air and sea transport across Okinawa on October 24, with additional flight cancellations, prolonged ferry suspensions and the closure of Ishigaki Airport's terminal facilities, while forecasters warned that railway services and highways across western Japan could face major disruption from the evening of October 25 through the morning of October 26.

Japanese drone manufacturer Terra Drone has delivered interceptor drones to Ukraine's Ministry of Defense for the first time, prompting Russia to threaten retaliatory measures on October 21, as Japan considers expanding domestic drone production and strengthening its coastal defenses through thousands of unmanned aircraft.

A critical security flaw discovered in PHP, a programming language used by an estimated 70% of the world's web systems, has triggered widespread disruptions across Japan since October 21, forcing banks, restaurant chains, government agencies and other businesses to suspend online services as a precaution against potential cyberattacks.

A growing wave of cyberattacks across Japan has raised concerns over the possible use of Chinese-developed artificial intelligence in hacking operations, with personal information belonging to tens of thousands of police employees potentially exposed and major companies forced to suspend online services, while cybersecurity experts warn that slow decision-making within Japanese organizations is allowing damage to spread.

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