SoftBank-Backed AI Power Firm Files for IPO

Sep 02, 2026 | News On Japan

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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